Kone Oyj: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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KONE Corp Reiterates FY 2013 Financial Guidance
KONE Corp announced that the Company's fiscal year 2013 financial guidance that was upgraded on September 11, 2013 remains unchanged. The Company continues to expect its fiscal year 2013 net sales to grow by 11-14% at comparable exchange rates as compared to 2012. In the fiscal year 2012 the Company's sales were EUR 6,276.8 million. The operating income (EBIT) in the fiscal year 2013 is expected to be in the range of EUR 920-955 million, assuming that translation exchange rates do not materially deviate from the situation of the beginning of September 2013. According to I/B/E/S Estimates analysts on average are expecting KONE to report revenue of EUR 7,042.54 million and operating profit of EUR 956.17 million for the fiscal year 2013.
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