Pressmeddelanden, rapporter och bolagsmeddelande för KONE Oyj

KONE Corporation announced the initiation of new performance periods for its long-term incentive plans. On January 29, 2025, the Board of Directors approved a performance-based long-term incentive plan for 2025-2027 and a Restricted Share Plan for 2025, following their long-term incentive structure from January 2021. The performance-based plan includes annual individual share plans with a three-year performance period, aiming to support long-term value creation and align shareholder and management interests. The 2025-2027 period involves around 600 participants, with criteria based on adjusted EBIT margin, sales growth, and a sustainability index. The maximum reward is 1,017,579 KONE class B shares, with rewards distributed as shares and cash to cover taxes in spring 2028. The Restricted Share Plan serves as a commitment tool for recruitment and retention, offering up to 81,250 KONE class B shares, contingent on continued employment. KONE is a global leader in the elevator and escalator industry, with 2024 sales of EUR 11.0 billion and over 60,000 employees worldwide. KONE class B shares are listed on Nasdaq Helsinki Ltd.

KONE Corporation has announced its Annual General Meeting (AGM) for shareholders on March 5, 2025, at Finlandia Hall in Helsinki. The meeting will address various agenda items, including the presentation of the 2024 annual accounts, dividend distribution, discharge of liability for board members, and the adoption of a remuneration report. The Board proposes a dividend of EUR 1.7975 per class A share and EUR 1.80 per class B share, payable on March 14, 2025. Proposals also include maintaining board member compensation, electing nine board members, and re-electing Ernst & Young Oy as auditors. Additionally, authorizations for share repurchase and issuance are on the agenda. Shareholders can follow the AGM via a webcast, with registration required by February 28, 2025. The meeting will primarily be in Finnish, with some parts in English.

KONE Corporation reported strong growth in its Service and Modernization sectors for the year 2024, with consistent improvements in profitability. The company anticipates slight sales growth and continued improvement in its adjusted EBIT margin for 2025, driven by positive performance in Service and Modernization. Challenges remain in the New Building Solutions market in China, which is expected to decline significantly. The global market showed regional variations, with growth in North America, Asia-Pacific, the Middle East, and Africa, while China experienced a downturn. KONE's strategy, Rise, is progressing well, with advancements in digital services and sustainability initiatives. The company enters 2025 with a robust order book and aims to maintain its industry leadership through strategic execution and profitability improvement. Press and analyst meetings regarding the financial results are scheduled for January 30, 2025.

KONE Corporation announced that Nicolas Alchal and Kaori Uehigashi will continue as interim Executive Vice Presidents for the Europe and Strategy & Transformation organizations, respectively, until the end of March 2025. This extends their interim roles by three months. Karla Lindahl, Executive Vice President for Europe, will return from parental leave in late March 2025. For more details, refer to the December 2023 press release. KONE, a leader in the elevator and escalator industry, reported EUR 11.0 billion in sales in 2023, with over 60,000 employees worldwide. KONE's class B shares are listed on Nasdaq Helsinki Ltd.

KONE Corporation reported a manager's transaction involving Nicolas Alchal, a senior manager, on December 4, 2024. The transaction took place outside a trading venue on December 3, 2024, and involved the receipt of a share-based incentive comprising 1,478 shares with no unit price. For more information, Sanna Kaje, Vice President of Investor Relations, can be contacted. KONE is a global leader in the elevator and escalator industry, with 2023 sales of EUR 11.0 billion and over 60,000 employees worldwide. KONE's class B shares are listed on Nasdaq Helsinki Ltd.