KONE Corporation announced on November 12, 2024, that BlackRock, Inc. and its funds have reduced their ownership in KONE Corporation shares to below 5% of the company's share capital as of November 11, 2024. This change was reported in compliance with the Finnish Securities Market Act. BlackRock's total position in terms of shares and voting rights is now below the 5% threshold. For more information, Sanna Kaje, Vice President of Investor Relations at KONE, can be contacted. KONE is a global leader in the elevator and escalator industry, with significant annual sales and a large workforce worldwide. KONE's class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.

KONE Corporation announced on November 4, 2024, that BlackRock, Inc. and its funds have increased their ownership of KONE shares to above 5% as of November 1, 2024. This change was reported in compliance with the Finnish Securities Market Act. BlackRock's total position includes 5.02% of KONE's share capital, with voting rights below 5%. KONE is a leading global company in the elevator and escalator industry, with significant operations worldwide. For more information, Sanna Kaje, Vice President of Investor Relations, can be contacted.

KONE Corporation has announced its financial reporting schedule for 2025. The Financial Statements Bulletin for 2024 will be released on January 30, 2025, followed by the Annual Review on February 12, 2025. The Interim Report for January-March 2025 is set for April 30, 2025, the Half-year Financial Report for January-June 2025 for July 18, 2025, and the Interim Report for January-September 2025 for October 23, 2025. The Annual General Meeting is planned for March 5, 2025, with the Board of Directors to summon the meeting separately. 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. Its class B shares are listed on Nasdaq Helsinki Ltd.

KONE Corporation released its interim report for January–September 2024, highlighting continued strong growth in its Service and Modernization sectors. For the full year 2024, KONE expects sales growth of 0–3% at comparable exchange rates and an adjusted EBIT margin of 11.5%–11.9%. The negative impact of foreign exchange rates on adjusted EBIT is estimated to be around EUR 10 million. The company attributes its growth to the positive performance in Service and Modernization and a robust order book, while facing challenges from a declining New Building Solutions market in China. KONE's new strategy, "Rise," aims for mid-single-digit annual sales growth over the next three years and an adjusted EBIT margin of 13-14% by the end of 2027. The company is focusing on transforming its business with Service and Modernization as key drivers and is implementing performance initiatives to improve margins. The global New Building Solutions market showed regional differences, with growth in North America and stability in Europe, while activity in China declined. Service and Modernization markets continued to grow across all regions. KONE plans to hold press and analyst meetings to discuss these updates.

KONE Corporation released its half-year financial report for January–June 2024, highlighting solid order growth in three of its four geographical areas and continued margin improvement. The company expects sales growth of 0–4% at comparable exchange rates for 2024, with an adjusted EBIT margin between 11.5% and 12.2%. This is a slight adjustment from previous expectations. The report noted high growth in Service and Modernization orders, while the New Building Solutions market in China faced significant challenges. CEO Philippe Delorme emphasized the company's focus on Service and Modernization, which showed strong performance. Despite a challenging property market in China, KONE improved its profitability for the sixth consecutive quarter. The operating environment showed regional differences, with a decline in the global New Building Solutions market but positive growth in Service and Modernization markets. The market outlook for 2024 anticipates stability in North America and Europe, growth in Asia-Pacific, Middle East, and Africa, and a decline in China. Press and analyst meetings are scheduled for July 19, 2024, with further details available on KONE’s website. KONE, a leader in the elevator and escalator industry, aims to improve urban life through its products and services.

On April 25, 2024, Antti Herlin, a member of the board at KONE Corporation, received a share-based incentive of 2006 shares. The transaction took place outside a trading venue. KONE Corporation is a global leader in the elevator and escalator industry, providing various solutions for building maintenance and modernization. The company had annual sales of EUR 11.0 billion in 2023 and employs over 60,000 people. Its class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.