Otis: Calling It Again - Return To All-Time High Likely

2024 Q2/H1 Interim Results OTIS o 2004 H1 2024 segment net sales results New Equipment Service Otis YN Y/Y (7.2%) (8.4%) 5.874 OTIS @ 2004 of I W Outlook – 2H 2024 and beyond Industry & 2024 outlook Looking beyond 2024, during the Otis Investor Day held in February this year, Otis provided some guidance on their views of the market through 2028. Focusing first on the New Equipment section, they expect growth to be roughly flat through 2028, with unit growth around 0.8% annually. While Otis can see some upsi ...