Otis Worldwide (NYSE:OTIS) executives told investors the company ended 2025 with “strong momentum” heading into 2026, led by continued service growth, record modernization orders, and improved cash generation. Marks said service organic sales rose 5% in the quarter, including 4% growth in maintenance and repair and 9% growth in modernization. Responding to questions about the pace of growth, Marks said the company chose to start the year conservatively. About Otis Worldwide (NYSE:OTIS)Otis Worldwide Corporation is a manufacturer, installer and servicer of vertical transportation systems, including elevators, escalators and moving walkways. In addition to new equipment sales, a significant portion of Otis’s business derives from long-term service contracts and responsive maintenance work.