In an interview on CNBC’s Mad Money, Judy Marks said the demand for refurbishment of older elevators puts Otis in a strong position for 2026. 9M elevators are over 20 years old and in need of refurbishment, she noted. The company is going into 2026 with a 30% backlog. Its North America business has been growing for the past six quarters and she is bullish on it.
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