Outlook 

January 26, 2010 based on KONE's  Financial Statements 2009

  • Market outlook
    The good development is expected to expand in the new equipment market in the Asia-Pacific region. In EMEA and North America, the market will continue to decline in most countries, however stabilization is expected towards the end of the year. The modernization market will be at about last year’s level. The maintenance
    market will continue to develop well, but remain very competitive.
  • Outlook
    KONE’s net sales is estimated to decline approximately 5% at comparable exchange rates.
    The operating income (EBIT) is expected to be in the range of EUR 560–610 million.

October 20, 2009 based on KONE's  Interim Report January-September 2009

  • Market outlook
    During the last quarter of 2009, the maintenance market will continue to develop well. The modernization market will be at about last year’s level. The new equipment market will remain weak but the rate of decline will decrease.
  • Outlook
    KONE further specifies its operating income outlook for 2009. KONE’s objective in net sales is to grow 2–5% as compared to net sales in 2008. In operating income (EBIT), the objective is EUR 580–595 million, excluding the one-time cost of EUR 33.6 million.

July 21, 2009 based on KONE's  Interim Report January-June 2009

  • Market outlook
    In 2009, the maintenance market will continue to develop well. The modernization market will be at about last year’s level. The rate of decline will decrease in the new equipment
    market.
  • Outlook
    KONE further specifi es its outlook for 2009. KONE’s objective in net sales is to grow 2–5% as compared to net sales in 2008. In operating income (EBIT), the objective is EUR 570–
    595 million excluding the one-time cost of EUR 33.6 million.

April 23, 2009 based on KONE's  Interim Report January-March, 2009

  • Market outlook
    In 2009, the new equipment market will continue to decline because of the weakening global economy. Modernizationwill be less impacted. The maintenance market will continue to develop well.
  • Outlook
    In 2009, KONE’s objective in net sales is to reach a growth of 5 percent or at least approximately the net sales level of 2008. In operating income (EBIT), the objective is to reach a growth of 5 percent or at least approximately the operating income level of 2008.

January 23, 2009 based on KONE's   Financial Statements 2008

  • Market outlook
    In 2009, the new equipment market will continue to decline because of the weakening global economy. Modernization will be less impacted. The maintenance market will continue to develop well.
  • Outlook
    In 2009, KONE’s objective in net sales is to reach a growth of 5 percent or at least approximately the net sales level of 2008. In operating income (EBIT), the objective is to reach a growth of 5 percent or at least approximately the operating income level of 2008.

October 21, 2008 based on KONE's  Interim Report January-September, 2008

  • Market outlook
    We estimate that the demand for new equipment will further decline in many markets during the final quarter of 2008, whilst the modernization and maintenance markets will grow. We believe that KONE has opportunities to reach a higher growth in orders received during Q4 than in Q3 2008, provided that the global financial markets will continue to function.
  • Outlook
    KONE reiterates its outlook given on July 22, 2008. KONE´s target for 2008 is to achieve, at comparable exchange rates, a growth of more than 10% in net sales, compared to 2007. The operating income (EBIT) target is to achieve a growth close to 20% compared to the 2007 figure of EUR 473 million. This corresponds to an operating income (EBIT) margin of at least 12.0%.

July 22, 2008 based on KONE's  Interim Report January-June, 2008

We estimate that the market continues to provide favorable opportunities for KONE to continue to grow in 2008 although market growth is weaker this year than in 2007, due to the weakened economic outlook.

KONE´s target for 2008 is to achieve, at comparable exchange rates, a growth of more than 10% in net sales, compared to 2007. The operating income (EBIT) target is to achieve a growth close to 20% compared to the 2007 figure of EUR 473 million. This corresponds to an operating income (EBIT) margin of at least 12.0%.

April 22, 2008 based on KONE's  Interim Report January-March, 2008

We estimate that the market will continue to create favorable opportunities for KONE to grow in 2008 although market growth will not be equally strong in all markets this year as in 2007, due to the weakened economic outlook.

KONE´s target for 2008 is to achieve, at comparable exchange rates, a growth of about 10% in net sales, compared to 2007. The operating income (EBIT) target is to achieve a growth close to 20% compared to the 2007 figure of EUR 473 million. This corresponds to an operating income (EBIT) margin of at least 12.0%.

January 25, 2008 based on KONE's   Financial Statement Bulletin 2007

We estimate that the market will continue to create favorable opportunities for KONE to continue to grow in 2008 although market growth will not be equally strong in all markets this year as in 2007, due to the weakened economic outlook.

KONE’s target for 2008 is to achieve, at comparable exchange rates, a growth of about 10 percent in net sales, compared to 2007. The operating income (EBIT) target is to achieve a growth close to 20 percent compared to the 2007 figure of EUR 473 million. This corresponds to an operating income (EBIT) margin of at least 12.0 percent.

 Previous outlooks