Report
Delphine Brault

KONE : Un T2 attendu en recul, mais avec une bonne résilience

>L’Europe va tirer l’activité vers le bas au T2 - Malgré le statut d’activité critique dans un certain nombre de pays, le confinement devrait avoir eu un impact significatif sur l’activité de KONE au T2, tout particulièrement en Europe. Au niveau du groupe, nous anticipons un recul de l’activité de 6.2% en organique sur le T2 (css prévoit -9.1%, source Vara). Nous sommes plus optimistes que le consensus sur l’activité pour 2 raisons : Tout d’abord la Chine r...
Underlying
Kone Oyj Class B

KONE is an elevator and escalator industry group based in Finland. Co. is engaged in the provision of products and services for the installation, modernization and maintenance of elevators, escalators and automatic building doors. Co. provides its products and services throughout the entire lifecycle of the equipment, beginning from the installation of new equipment to the maintenance and modernization during their lifecycle and the full replacement of the equipment. Co.'s customers are active in industry segments such as residential, office, retail, public transportation, hotel, hospital, and marine.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Delphine Brault

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