Otis Worldwide (US:OTIS)2025-10-29 12:30Q3 2025 Performance Highlights - Organic sales increased by 2%, with Service up by 6%[8] - Adjusted operating profit margin expanded by 20 bps, with Service expanding by 70 bps[8, 16] - Adjusted EPS increased by 9%[8] - Maintenance portfolio units grew by 4%[7, 8] - Modernization orders increased by 27%, and backlog increased by 22% at constant currency[8] - New Equipment orders increased by 4%, at constant currency[8] Orders and Backlog (Q3 2025) - Total Otis orders increased by 9%[9] - New Equipment orders increased by 4%, or 7% excluding China[9] - Modernization orders increased by 27%, or 16% excluding China[9] - Total backlog increased by 3%[9] - New Equipment backlog decreased by 1%, but increased by 8% excluding China[9] - Modernization backlog increased by 22%, or 20% excluding China[9] 2025 Outlook - Net sales are projected to be between $145 billion and $146 billion, with organic growth of approximately 1%[32] - Adjusted operating profit is expected to be between $24 billion and $25 billion, an increase of $75 million to $95 million at actual currency[32] - Adjusted EPS is projected to be between $404 and $408, representing a growth of 5% to 7%[32] - Adjusted free cash flow is estimated to be approximately $145 billion[32]