Lowers FY25 revenue view to $14.5B-$14.6B from $14.6B-$14.8B, consensus $14.71B. Lowers FY25 adjusted free cash flow view to $1.4B-$1.5B from $1.6B. Sees FY25 adjusted operating profit $2.4B-$2.5B. The company said, “Otis continues its strong execution of the UpLift program with expected run-rate savings of $200 million and increases expected run-rate savings from the China transformation program to $40 million by year-end 2025.”
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