Kone: net profit up 3.2% in 2024
(CercleFinance.com) - Kone announces that sales reached E11.
09bn in 2024, reflecting around a 1.3% increase from the previous year.
Adjusted EBIT rose by 4.4% to E1.3bn, with net income of E961m (+3.2%) and EPS of E1.84 (+2.7%).
Q4 sales rose 5.9% to E2.97bn, with net income down 11.5% to E244.5m and EPS of E0.47 (-11.2%).
Our financial performance in Q4 once again demonstrated the resilience of our business. We continued to grow at a steady pace, with orders and sales outside China up by more than 10%, managemernt said.
We enter 2025 with a solid order book and good momentum in the services and modernization sector. As a result, we expect sales to grow slightly over the course of the year, it adds.
Finally, the CEO refers to interesting opportunities for profitable growth in the future, and pledges to meet medium-term financial targets.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
09bn in 2024, reflecting around a 1.3% increase from the previous year.
Adjusted EBIT rose by 4.4% to E1.3bn, with net income of E961m (+3.2%) and EPS of E1.84 (+2.7%).
Q4 sales rose 5.9% to E2.97bn, with net income down 11.5% to E244.5m and EPS of E0.47 (-11.2%).
Our financial performance in Q4 once again demonstrated the resilience of our business. We continued to grow at a steady pace, with orders and sales outside China up by more than 10%, managemernt said.
We enter 2025 with a solid order book and good momentum in the services and modernization sector. As a result, we expect sales to grow slightly over the course of the year, it adds.
Finally, the CEO refers to interesting opportunities for profitable growth in the future, and pledges to meet medium-term financial targets.
Copyright (c) 2025 CercleFinance.com. All rights reserved.