Large China project award at Tianjin 117, where Otis will supply more than 250 elevators and escalators and expects conversion through 2026.
Expected return to positive new-equipment sales growth in Q3 2026, supported by improving backlog conversion and stabilizing margins.
Launch of Otis Robust, a heavy-duty elevator range targeting data centers, hospitals, industrial buildings and other mission-critical environments.
Majority investment in WeMaintain, an AI-enabled digital elevator-service provider, expected to contribute incremental connected-service growth across a multi-brand portfolio.
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