Otis Worldwide (OTIS) - 2024 Q3 - Quarterly Results
Otis Worldwide (OTIS)2024-10-30 18:06
Exhibit 99 Quarter Ended September 30, Nine Months Ended September 30, OTIS REPORTS THIRD QUARTER 2024 RESULTS Otis delivers continued strong Service performance with high single digit Service sales growth • GAAP EPS up 47.3% and adjusted EPS up 1.1% • Service net sales up 7.2% and Service organic sales up 7.7% • Maintenance portfolio units increased 4.2% • Mod orders up 3%, backlog up 14%, up 12% at constant currency • GAAP cash flow from operations of $394 million; adjusted free cash flow of $381 million ...