KONE Reports Order Growth and Continued Margin Expansion
KONE Corporation's financial report for the first half of 2026 shows strong growth in orders and continued expansion of operating margin. The company's second-quarter order book saw a significant increase.
Elevator and escalator manufacturer KONE Corporation has reported a robust performance for the first half of 2026, characterized by strong order intake and an expanding operating margin.
In the second quarter, from April to June 2026, KONE's orders received grew by 10.6% to EUR 2,562.3 million compared to the same period last year. At comparable exchange rates, this growth was 10.9%. Sales increased by 3.1% to EUR 2,937.6 million, with comparable exchange rates showing a 3.4% rise.
The company's operating income (EBIT) for the quarter stood at EUR 322.2 million, representing 11.0% of sales, a decrease from 11.9% in the prior year's corresponding period. However, adjusted EBIT saw an improvement, reaching EUR 369.9 million.
This semi-annual financial report details KONE's financial results for January–June 2026, providing segment-specific data and analysis for the second quarter. The figures indicate the company's ongoing execution of its strategy within the global building transportation market.