General presentation of Kone
Let's take a look at Kone and its business to help you better understand its growth opportunities and threats. In order to do so, you need to know the group's activities and sources of income.
The Kone Group is an American company specialising in the lift sector and is one of the world's leading manufacturers of lifts, lifts and automatic doors. In addition to these main activities, the group also provides installation, modernisation and maintenance services for this equipment.
In order to better understand Kone's activities, they can be divided into different divisions according to the share of turnover they generate :
- Equipment sales represent the bulk of the group's business and alone generate nearly 53.3% of the company's turnover, with sales of automatic doors, lifts, staircases and moving walkways in particular.
- The remaining 46.7% of turnover was generated by the group's installation, modernisation and maintenance services.
Currently, the Kone Group operates more than 12 production sites around the world, including 6 in Europe, 3 in Asia and 3 in America. It also employs more than 59,825 people.
It is also interesting to know the geographical distribution of Kone's activities, with 40.5% of turnover generated in Europe-Middle East-Africa, 39% in Asia-Pacific and 20.5% in America.
72% of retail investor accounts lose money when trading CFDs with this provider. This is an advert for trading CFDs on Plus500