Otis Worldwide Corporation Releases Transcript for Second Quarter 2025 Earnings Conference Call

Reuters
25 Jul
<a href="https://laohu8.com/S/OTIS">Otis Worldwide</a> Corporation Releases Transcript for Second Quarter 2025 Earnings Conference Call

Otis Worldwide Corporation recently published the transcript of their Second Quarter 2025 Earnings Conference Call. The event featured key company executives, including Judy Marks, Chair, CEO, and President; Cristina Mendez, Executive Vice President and CFO; and Rob Quartaro, Vice President of Investor Relations. Analysts from various financial institutions also participated. During the call, Otis reported solid second-quarter and first-half results, driven by the strong performance of their Service segment. Judy Marks highlighted, "Our maintenance portfolio grew 4% again in the quarter, adding to our industry-leading $2.4 million unit portfolio under Service." The company also announced new contracts, such as providing escalators and elevators for metro projects in China, and elevator systems for a development in Vietnam. Despite flat net sales of $3.6 billion compared to the previous year, Otis maintained their adjusted operating profit margin. The full transcript can be accessed through the link below. The full transcript can be accessed through the link below: [https://www.otis.com](https://www.otis.com).

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