KONE Oyj (OHEL:KNEBV) PensionAndRetirementBenefit : €130 Mil (As of Mar. 2024)

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What is KONE Oyj PensionAndRetirementBenefit?

KONE Oyj's PensionAndRetirementBenefit for the quarter that ended in Mar. 2024 was €130 Mil.

KONE Oyj's quarterly PensionAndRetirementBenefit increased from Sep. 2023 (€121 Mil) to Dec. 2023 (€133 Mil) but then declined from Dec. 2023 (€133 Mil) to Mar. 2024 (€130 Mil).

KONE Oyj's annual PensionAndRetirementBenefit declined from Dec. 2021 (€194 Mil) to Dec. 2022 (€140 Mil) and declined from Dec. 2022 (€140 Mil) to Dec. 2023 (€133 Mil).

KONE Oyj PensionAndRetirementBenefit Historical Data

The historical data trend for KONE Oyj's PensionAndRetirementBenefit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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KONE Oyj PensionAndRetirementBenefit Chart

KONE Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PensionAndRetirementBenefit

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172.90

187.20

194.30

140.00

132.90

KONE Oyj Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
PensionAndRetirementBenefit	Get a 7-Day Free Trial															154.90	162.40	121.20	132.90	130.20

KONE Oyj PensionAndRetirementBenefit Calculation

PensionAndRetirementBenefit is the carrying amount as of the balance sheet date of the portion of the obligations recognized for the various benefits provided to former or inactive employees, their beneficiaries, and covered dependents after employment but before retirement.

KONE Oyj (OHEL:KNEBV) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

KNYJY:USA KNYJF:USA 1KNEBV:Italy KNEBVh:UK 0II2:UK KC4:Germany

Address

Keilasatama 3, P.O. Box 7, Espoo, FIN, FI-02150

Website

https://www.kone.com

Kone is a global top-four supplier of elevators and escalators. Kone began producing elevators in Finland in 1918 and today generates revenue in three ways: selling new elevators and escalators, modernizing old equipment, and servicing its installed base. Most of the company's profit comes from the last activity, where contracts are rolled over annually with built-in price increases. The bulk of Kone's business is in elevators, which are more numerous globally than escalators. Its business model is similar to its closest competitors Otis, Schindler, and TK Elevator.

KONE Oyj (OHEL:KNEBV) Headlines

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