KONE stock reports 10.9 percent order growth after Q2 update

KONE stock is backed by Q2 2026 orders growth of 10.9 percent year over year, while the shares stood at EUR 50.28 on September 20, 2026. The latest figures combine resilient demand outside China with a margin target that keeps the full-year operating framework intact.

Q2 orders grew 10.9 percent

According to Yahoo Finance, KONE reported Q2 2026 orders growth of 10.9 percent at comparable exchange rates. Modernization orders grew by more than 15 percent, and three of four regions delivered double-digit order growth.

The same Q2 update showed comparable sales growth of 3.4 percent and adjusted EBIT of EUR 370 million. Adjusted EBIT margin expanded by 40 basis points year over year, giving the order performance a direct earnings link rather than leaving it as a volume-only signal.

Guidance holds at 3 to 6 percent

Investing.com reports that KONE maintained full-year guidance of 3 to 6 percent sales growth and a 12.3 to 13 percent adjusted EBIT margin. The Q2 release was dated July 22, 2026, and the guidance range places profitability at the center of the investment case.

Service and modernization are the key stabilizers in that framework. KONE also reported 5 percent year-to-date sales growth in Q2 2026, while the company continues to manage weaker new-building demand in China.

Stock stays below yearly high

KONE stock stood at EUR 50.28 on September 20, 2026, on the Helsinki market. That level was EUR 14.14 below the 52-week high of EUR 64.42, a gap of 21.95 percent, and EUR 4.06 above the 52-week low of EUR 46.22.

The price comparison puts the operating figures into perspective: Q2 orders and modernization demand were expanding, but the stock remained materially below its yearly peak. For investors, the next test is whether the 12.3 to 13 percent adjusted EBIT margin guidance is supported by further order conversion.

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