Kone Oyj B (KNYJF) Q2 2026 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:03.614 Good morning and welcome to KONE's second quarter results call. 00:00:03.614 -- 00:00:07.457 My name is Natalia Valtasari. I'm head of investor relations here at KONE and I'm very 00:00:07.457 -- 00:00:11.760 pleased to be joined here today by Philippe Delorme, our president and CEO, and by Ilkka 00:00:11.760 -- 00:00:16.063 Hara, our CFO. As usual, Philippe will start by talking through the highlights of the 00:00:16.063 -- 00:00:20.346 quarter in terms of financials, but especially our strategy execution. 00:00:20.346 -- 00:00:24.149 Ilkka will then follow up with some more details on markets and financials, and then 00:00:24.149 -- 00:00:27.331 Philippe will wrap up before we head into the Q&A session. 00:00:27.331 -- 00:00:31.533 And just as a reminder already at this point, please, in the Q&A, try to limit yourselves 00:00:31.533 -- 00:00:35.255 to one question, one follow-up, and, of course, you can rejoin the queue if you have 00:00:35.255 -- 00:00:39.356 anything further to ask. But with that, Philippe, please. 00:00:39.356 -- 00:00:42.237 Thank you, Natalia, and good morning, everyone. 00:00:42.237 -- 00:00:47.260 I'm very pleased to be here today to discuss our second quarter results, which reflect 00:00:47.260 -- 00:00:52.262 continued progress across our business and good momentum in 00:00:52.262 -- 00:00:58.212 our strategic priorities. Looking at the number, all the growth stands out. 00:00:58.212 -- 00:01:03.115 I was especially encouraged by the acceleration in modernization, which grew by well 00:01:03.115 -- 00:01:08.117 over 15%. This shows our success in capturing the opportunities 00:01:08.117 -- 00:01:12.300 created by aging building stock around the world. 00:01:12.300 -- 00:01:17.382 We also delivered furthe...