In 2023, KONE’s revenue streams were more than 10.9 billion U.S. dollars. The business dedicated to elevators, escalators, and automatic building doors has had a revenue increase of over five billion euros between 2010 and 2023.
Elevators and escalators
Globally, the leading elevator and escalator companies include Otis, Mitsubishi Electric, Schindler, ThyssenKrupp, and KONE. It is projected that many of these big-name companies will experience some growth due to a rise in the use of modern equipment to produce new-age buildings. Despite the variation within the U.S. market there is still expected to be growth in the global elevator and escalator market in the next years.
Kone company overview
KONE has offices located around the world but is headquartered in Helsinki, Finland. Alongside their increasing revenue streams, KONE has seen an increase in its workforce in 2022, when it reached 63,186 employees. The operating income of KONE has fluctuated in recent years indicating a potential reduction in profit for the company.
KONE's revenue from FY 2007 to FY 2023
(in million euros)
For the years January 1 through December 31. Figures through 2021 were taken from previous editions. One euro is approximately equal to 1.0893 U.S. dollars (as of January 25, 2024).
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KONE. (January 25, 2024). KONE's revenue from FY 2007 to FY 2023 (in million euros) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/246289/revenue-of-kone/
KONE. "KONE's revenue from FY 2007 to FY 2023 (in million euros)." Chart. January 25, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/246289/revenue-of-kone/
KONE. (2024). KONE's revenue from FY 2007 to FY 2023 (in million euros). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/246289/revenue-of-kone/
KONE. "Kone's Revenue from Fy 2007 to Fy 2023 (in Million Euros)." Statista, Statista Inc., 25 Jan 2024, https://www.statista.com/statistics/246289/revenue-of-kone/
KONE, KONE's revenue from FY 2007 to FY 2023 (in million euros) Statista, https://www.statista.com/statistics/246289/revenue-of-kone/ (last visited December 21, 2024)
KONE's revenue from FY 2007 to FY 2023 (in million euros) [Graph], KONE, January 25, 2024. [Online]. Available: https://www.statista.com/statistics/246289/revenue-of-kone/
