Kone Oyj Q4 2021 Earnings Call Transcript - Thomson StreetEvents

Kone Oyj Q4 2021 Earnings Call Transcript

Kone Oyj Q4 2021 Earnings Call Transcript - Thomson StreetEvents
Kone Oyj Q4 2021 Earnings Call Transcript
Published Feb 02, 2022
22 pages (14183 words) — Published Feb 02, 2022
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Transcript of KNEBV.HE earnings conference call or presentation 2-Feb-22 1:45pm GMT

  
Brief Excerpt:

...Good afternoon, and welcome to KONE's fourth quarter earnings call. I hope everybody has been keeping safe and well. My name is Natalia Valtasaari. I'm Head of Investor Relations here at KONE. And I'm joined here today by our President and CEO, Henrik Ehrnrooth; and our CFO, Ilkka Hara. As usual, Henrik will start by going through the key developments in the quarter, business financials and markets. Ilkka will then dive a bit more deeply into the financials. And Henrik will finalize by going through the business outlook and the market outlook before we go into your questions and answers. So, Henrik, I guess, with that, please. Henrik Ehrnrooth ...

  
Report Type:

Transcript

Source:
Thomson StreetEvents
Company:
Kone Oyj
Ticker
KNEBV.HE
Time
1:45pm GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Nicholas Housden - RBC Capital Markets, Research Division - Analyst : I have 2. The first one is I'm just looking at Slide 26 of the presentation. It looks like you underperformed the market in China in terms of new equipment growth. I'm just contrasting that to one of your peers who reported earlier this week, who said that they were gaining market share, specifically, thanks to large investments in their sales coverage. So I'm just wondering if from your side, you're noticing a higher level of competition in that market?

Question: Nicholas Housden - RBC Capital Markets, Research Division - Analyst : Understood. And just my second question also on China. In terms of the contribution from infrastructure, my sense is that towards the middle of Q4, the government opened the taps on infrastructure spending a bit more. Is that your experience? And was that helping to offset weaker residential investments?

Question: Tomi Markus Railo - DNB Markets, Research Division - Analyst : It's Tomi from DNB. Also a question on China. You mentioned that authorities easing measures would start to help and see some impact later in the year. Can you just briefly mention what concrete signs are you seeing in China in order to put some stimulus to the marketplace? And also maybe to clarify that you are expecting some help in the latter part of the year from these measures for Chinese market to recover somewhat in the second half?

Question: Tomi Markus Railo - DNB Markets, Research Division - Analyst : Yes, I understand that. To the second part of the question, are you assuming that these easing of restrictions start to help the market and that you would, in a way, receive some help from that in the second part of the year?

Table Of Contents

Kone Oyj Q4 2022 Earnings Call Transcript – 2023-01-26 – US$ 54.00 – Edited Transcript of KNEBV.HE earnings conference call or presentation 26-Jan-23 1:45pm GMT

Kone Oyj Q3 2022 Earnings Call Transcript – 2022-10-27 – US$ 54.00 – Edited Transcript of KNEBV.HE earnings conference call or presentation 27-Oct-22 12:45pm GMT

Kone Oyj Q2 2022 Earnings Call Transcript – 2022-07-20 – US$ 54.00 – Edited Transcript of KNEBV.HE earnings conference call or presentation 20-Jul-22 12:45pm GMT

Kone Oyj Capital Markets Day Transcript – 2022-06-01 – US$ 54.00 – Edited Transcript of KNEBV.HE corporate analyst meeting</ 1-Jun-22 5:30am GMT

Kone Oyj Q1 2022 Earnings Call Transcript – 2022-04-27 – US$ 54.00 – Edited Transcript of KNEBV.HE earnings conference call or presentation 27-Apr-22 12:45pm GMT

Kone Oyj Q3 2021 Earnings Call Transcript – 2021-10-28 – US$ 54.00 – Edited Transcript of KNEBV.HE earnings conference call or presentation 28-Oct-21 12:45pm GMT

Kone Oyj Q2 2021 Earnings Call Transcript – 2021-07-20 – US$ 54.00 – Edited Transcript of KNEBV.HE earnings conference call or presentation 20-Jul-21 12:45pm GMT

Kone Oyj Q1 2021 Earnings Call Transcript – 2021-04-28 – US$ 54.00 – Edited Transcript of KNEBV.HE earnings conference call or presentation 28-Apr-21 12:45pm GMT

Kone Oyj Q4 2020 Earnings Call Transcript – 2021-01-28 – US$ 54.00 – Edited Transcript of KNEBV.HE earnings conference call or presentation 28-Jan-21 1:45pm GMT

Kone Oyj Q3 2020 Earnings Call Transcript – 2020-10-22 – US$ 54.00 – Edited Transcript of KNEBV.HE earnings conference call or presentation 22-Oct-20 12:45pm GMT

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Thomson StreetEvents. "Kone Oyj Q4 2021 Earnings Call Transcript" Feb 02, 2022. Alacra Store. May 20, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q4-2021-Kone-Oyj-Earnings-Call-T15096456>
  
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Thomson StreetEvents. (2022). Kone Oyj Q4 2021 Earnings Call Transcript Feb 02, 2022. New York, NY: Alacra Store. Retrieved May 20, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q4-2021-Kone-Oyj-Earnings-Call-T15096456>
  
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