Description

Otis Worldwide Corporation: Service Portfolio Growth, Retention & Other Major Factors Driving Growth!

Otis Worldwide Corporation concluded its fourth quarter of 2024 with a mixture of strong performances in certain segments and challenges in others. The company’s overall results demonstrated a commitment to its service[1]driven business model while navigating macroeconomic headwinds, especially in the New Equipment segment. On the positive side, Otis reported robust organic sales growth of 1.9% for the quarter, primarily driven by a significant 7.8% increase in the Service segment. This growth highlights the company’s strength in maintenance, repair, and modernization activities, areas that have been consistent performers. The company’s maintenance portfolio expanded by over 4% for the third consecutive year, highlighting the effectiveness of its Service flywheel strategy, which remains a strong revenue driver.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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