July 24, 2014 7:03 AM ET


Company Overview of Otis Elevator Company, Inc.

Company Overview

Otis Elevator Company, Inc. manufactures, installs, and maintains elevators, escalators, and moving walkways. The company offers machine-roomless, gearless traction, and geared traction elevators; and escalators and moving walkways for airports, transit systems, and shopping centers. It also offers various maintenance programs and building support systems, including Communications Center services; Remote Elevator Monitoring; a Web-based EMS Panorama system that enables building staff to monitor, control, report on, and manage a range of operation-critical functions from any computer with an Internet connection; and eService Website that provides building owners and managers with around-the-c...

1 Farm Springs Road

Farmington, CT 06032-2557

United States

Founded in 1853





Key Executives for Otis Elevator Company, Inc.

Chief Financial Officer and Vice President
Age: 59
Vice President of Operations
President of North & South America Area
President of North Europe & Africa Area
Compensation as of Fiscal Year 2014.

Otis Elevator Company, Inc. Key Developments

Otis Reports Earnings Results for the Year 2013

Otis posted a 7.6% annual drop in sales to CZK 2.18 billion in 2013, and operating profit grew by 14.6% to CZK 276 million.

Otis Reports Revenue Results for the Fourth Quarter of 2013

Otis reported revenue results for the fourth quarter of 2013. For the period, the company reported revenue of $3,344.0 million.

Otis Reports Earnings Results for 2012

Otis reported earnings results for 2012. The company made CZK 2.36 billion sales last year compared to CZK 2.79 billion, 15% lower than in 2011, and its operating profit sank by almost 30% to CZK 241.5 million from CZK 340.3 million in 2011 due to the situation on the market.

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