Analyst Research

Report Title Price
Provider: Reuters Investment Profile
$20.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

KONE Oyj Raises FY 2013 Revenue Guidance and Specifies FY 2013 EBIT Guidance


Tuesday, 23 Apr 2013 05:30am EDT 

KONE Oyj announced that it has decided to specify its outlook for the fiscal year 2013. KONE's net sales (revenue) are estimated to grow by between 7% and 10% at comparable exchange rates in the fiscal year 2013 as compared to the fiscal year 2012. The operating income (EBIT) in the fiscal year 2013 is expected to be in the range of between EUR 870 million and EUR 920 million, assuming that translation exchange rates do not mate¬≠rially deviate from the situation of the beginning of 2013. Previously KONE estimated net sales in the fiscal year 2013 to grow by between 5% and 9% at comparable exchange rates as compared to 2012. The operating income (EBIT) in the fiscal year 2013 was expected to be in the range of between EUR 840 million and EUR 920 million, assuming that translation exchange rates do not materially deviate from the situation of the beginning of 2013. According to I/B/E/S Estimates, analysts on average are expecting the Company to report revenue of EUR 6,804.58 million and EBIT of EUR 922.22 million for the fiscal year 2013. 

Company Quote

30.43
-0.08 -0.26%
11 Jul 2014