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2024 Outlook*
Otis is announcing its full year outlook:
•Net sales of $14.5 to $14.8 billion, up 2 to 4%
•Organic sales up 3 to 5%
◦Organic New Equipment sales approximately flat
◦Organic Service sales up 6 to 7%
•Adjusted operating profit of $2.40 to $2.45 billion, up $150 to $190 million at constant currency; up $125 to $175 million at actual currency
•Adjusted EPS of $3.80 to $3.90, up 7 to 10%; adjusted effective tax rate of approximately 25.5%
•Adjusted free cash flow of approximately $1.6 billion
Posted In: OTIS
