Q3 published:
Strong growth in orders received, profitability continued to improve
July-September 2025
- Orders received grew by 3.0% to EUR 2,139.5 (7-9/2024: 2,076.6) million. Calculated at comparable exchange rates, orders grew by 7.8%.
- Sales grew by 0.3% to EUR 2,762.0 (2,753.6) million. Calculated at comparable exchange rates, sales grew by 3.9%.
- Operating income (EBIT) was EUR 334.4 (319.4) million, or 12.1% (11.6%) of sales. Adjusted operating income (adjusted EBIT) was EUR 340.7 (319.4) million, or 12.3% (11.6%) of sales.*
- Cash flow from operations (before financial items and taxes) was EUR 444.4 (344.8) million.
Business outlook for 2025 (specified)
KONE estimates its sales growth to be 3-5% at comparable exchange rates in 2025. The adjusted operating income margin is estimated to be between 11.9% and 12.3%. Assuming that exchange rates remain at the October 2025 level, their negative impact on adjusted operating income would be approximately EUR 30 million.
Previously, KONE estimated sales to grow by 2-5% at comparable exchange rates in 2025. The improvement in the adjusted operating income margin was estimated to be between 11.8% and 12.4%. Assuming that exchange rates would remain at the July 2025 level, their negative impact on adjusted operating income was estimated to be approximately EUR 50 million.