Otis Worldwide (OTIS) - 2025 Q1 - Quarterly Results
Otis Worldwide Otis Worldwide (US:OTIS)2025-04-23 18:06

Exhibit 99 OTIS REPORTS FIRST QUARTER 2025 RESULTS Otis delivers mid-single digit organic Service sales growth and strong Service operating profit margin expansion FARMINGTON, Conn., April 23, 2025 – Otis Worldwide Corporation (NYSE:OTIS) reported first quarter 2025 net sales of 3.3billionwithorganicsalesflatversustheprioryear.GAAPearningspershare(EPS)decreased293.3 billion with organic sales flat versus the prior year. GAAP earnings per share (EPS) decreased 29% to 0.61 and adjusted EPS increased 5% to $0.92. "Otis delivered solid performance supported by the strength of our Service segm ...