Investor Presentaiton
KEY FIGURES
KEY FIGURES
Sales by region
1-12/2021
1-12/2020
Change
Change at
comparable
exchange rates
Orders received
Order book
MEUR
8,852.8
8,185.1
8.2%
7.4%
MEUR
8,564.0
7,728.8
10.8%
3.8%
44 %
(41%
38 %
(39%)
Sales
MEUR
10,514.1
9,938.5
5.8%
5.3%
Operating income
MEUR
1,295.3
1,212.9
6.8%
Operating income margin
%
12.3
12.2
Adjusted EBIT⭑*
MEUR
1,309.8
1,250.5
4.7%
Adjusted EBIT margin*
%
12.5
12.6
■ EMEA
Income before tax
MEUR
1,320.8
1,224.2
7.9%
Net income
MEUR
1,022.7
947.3
7.9%
Basic earnings per share
EUR
1.96
1.81
7.9%
18 %
(20 %)
■ Americas
1-12/2021 (1-12/2020)
Sales by business
Asia-Pacific
Cash flow from operations (before financing items and taxes)
Interest-bearing net debt
MEUR
1,828.7
1,907.5
MEUR
-2,164.1
-1,953.8
Equity ratio
%
Return on equity
%
Net working capital (including financing items and taxes)
Gearing
MEUR
%
41.2
32.0
-1,468.2
45.5
29.7
-1,160.1
-67.6
-61.1
* KONE presents adjusted EBIT as an alternative performance measure to enhance comparability of the business performance between reporting periods. Restructuring
costs related to significant restructuring programs are excluded from the calculation of the adjusted EBIT. In January-December 2021, the adjusted EBIT excluded costs of
EUR 14.5 million related to restructuring measures in KONE's global business lines and functions. During 2017-2020, all restructuring costs excluded from the adjusted
EBIT related to the Accelerate program.
14%
(14%)
33 %
(32%)
0
54 %
(54%)
■New equipment ■ Maintenance ■Modernization
1-12/2021 (1-12/2020)
Orders received*, MEUR
Sales, MEUR
Adjusted EBIT, MEUR and
adjusted EBIT margin, %
Cash flow*, MEUR
Earnings per share, EUR
Dividend per class B share,
EUR
10000
8853
8400
8185
8000
12,000
10,000
10514
9982 9939
1,500
20.0
1908
1829
1.96
1310
1237 1251
2,000
2.10
1.80
1.81
2.40
2.25
2.10
1,250
1550
16.0
1,750
1.80
2.10
1.70
8,000
1,000
1,500
1.80
6000
12.0
1.50
6,000
750
12.4% 12.6% 12.5%
1,250
1.50
1.20
4000
8.0
1,000
1.20
4,000
500
0.90
750
0.90
2000
2,000
250
4.0
500
0.60
0.60
250
0.30
0.30
0
0
0
0.0
2019 2020 2021
2019
2020 2021
2019 2020 2021
0
0.00
0.00
2019 2020 2021
2019
2020
2021
2019
2020 2021*
*) Orders received do not include
maintenance contracts
Adjusted EBIT
*) Cash flow from operations before
financing items and taxes
Adjusted EBIT margin
2
*) Board's proposal
Dividend
Extraordinary dividend
KONE ANNUAL REVIEW 2021View entire presentation