KONE Oyj Class B (1KNEBV)

Profile

https://www.kone.com

KONE Oyj Class B represents the publicly traded shares of KONE Oyj, a Finland-based global leader in the elevator and escalator industry founded in 1910 and headquartered in Espoo. The company specializes in manufacturing elevators, escalators, and automatic building doors, while delivering comprehensive lifecycle services such as installation, maintenance, modernization, and complete replacement solutions to improve building accessibility and user experience. Operating within the industrials sector, particularly specialty industrial machinery and building products, KONE serves a diverse global customer base across commercial, residential, and public infrastructure projects. With approximately 64,653 employees, it achieves annual revenue surpassing €11 billion and net income around €951 million, demonstrating substantial operational scale and efficiency. These Class B shares, which provide voting rights in collective blocks of 10, highlight KONE's pivotal role in urban mobility and vertical transportation, advancing sustainable building solutions worldwide. Led by CEO Philippe Delorme, the company continues to drive innovation in producer manufacturing for modern infrastructure needs.