Kone Oyj B (KNYJF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to KONE's fourth quarter results call. My name is Natalia Valtasari. I'm head of investor relations here at KONE. I'm joined today by Filip Delorme, our president and CEO, and our CFO Ilkka Hara. So as usual, Filip will start by talking about the highlights of the quarter of the year, particularly focusing on what's going on in terms of strategy execution and our progress there. Ilkka will then continue by running through the financials and the outlook, both market and business outlook for the full year. And then Filip will wrap up and we'll be ready for your questions. So in the Q&A, just a reminder for me at this point, please do limit yourself to one question, one follow-up. Hopefully we'll get very active dialogue and that will enable as many people as possible to participate. With that, Filip, please. thank you Natalia and good morning everyone i'm very pleased to be here today presenting our full year results let me start by saying that our success in 2025 was a result of determined and disciplined strategy execution order growth was one of the key highlights of the year our ability to capture the modernization opportunity together with our focused efforts to grow in the residential space were important contributors. We also delivered consistently on our profitable growth ambition. Central to this was the continuous strength and improved performance of our service business. This year, service became our largest business at over 40% of sales, making KONE more resilient than ever. Supported by our solid operational performance and strong cash generation, the board is proposing a dividend of 1.80 euro per Class B share, which represents a dividend yield of nearly 3%. Last but not least, I'm very pleased to report tangible results of our wo...