KONE Oyj (FRA:KC4)

€ 49.46 0.33 (0.67%) Market Cap: 25.88 Bil Enterprise Value: 25.98 Bil PE Ratio: 27.09 PB Ratio: 12.40 GF Score: 81/100

Q3 2020 Kone Oyj Earnings Call Transcript

Oct 22, 2020 / 12:45PM GMT

Release Date Price: €71.14 (-4.87%)

Transcript

Sanna Kaje

KONE Oyj - VP of IR

Good afternoon, and welcome to KONE's Q3 Results Presentation. I'm Sanna Kaje, the Head of KONE's Investor Relations. I have here with me today our President and CEO, Henrik Ehrnrooth, who will go through the Q3 highlights and discuss a bit the outlook; and CFO, Ilkka Hara, who will discuss the financials in more detail. After the presentation, we will have time for your questions. Henrik, please.

Henrik Ehrnrooth

KONE Oyj - CEO, President & Member of the Executive Board

Thank you, Sanna, and a warm welcome also to -- for me, the Q3 webcast. It's a great pleasure to announce another set of strong results. We had a good quarter despite the environment. And we had a good quarter again because of the phenomenal job all of our people have done in navigating this very unusual situation. Mostly, as I said, in connection with Q2, and I think I said in connection with Q1 could not be more -- I couldn't be prouder of the team that I am right now of what everyone at KONE has been doing.

But it's clear that the situation

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