Otis Worldwide Corporation (OTIS) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.076 CEO and President, and Christina Mendez, Executive Vice President 00:00:05.076 -- 00:00:06.738 and CFO. 00:00:06.738 -- 00:00:10.922 Please note, except where otherwise noted, the company will speak to results from continuing 00:00:10.922 -- 00:00:15.687 operations, excluding restructuring and significant non-recurring items. 00:00:15.687 -- 00:00:20.031 A reconciliation of these measures can be found in the appendix of the webcast. 00:00:20.031 -- 00:00:24.355 We also remind listeners that the presentation contains forward-looking statements, which 00:00:24.355 -- 00:00:27.554 are subject to risks and uncertainties. 00:00:27.554 -- 00:00:33.059 OTIS's SEC filings, including our Form 10-K and quarterly reports on Form 10-Q, 00:00:33.059 -- 00:00:38.284 provide details on important factors that could cause actual results to differ materially. 00:00:38.284 -- 00:00:41.567 Now I'd like to turn the call over to Judy. 00:00:41.567 -- 00:00:44.550 Thank you, Rob. Good morning, afternoon, and evening, everyone. 00:00:44.550 -- 00:00:48.934 Thank you for joining us. We hope everyone listening is safe and well. 00:00:48.934 -- 00:00:54.939 Before discussing our results, I'd like to take a moment to recognize an important milestone. 00:00:54.939 -- 00:01:00.379 Earlier this month, Otis celebrated our fifth anniversary since returning as an independent 00:01:00.379 -- 00:01:02.161 public company. 00:01:02.161 -- 00:01:07.268 The last five years have been challenging and rewarding, and I'm proud of our colleagues 00:01:07.268 -- 00:01:09.512 and our many accomplishments. 00:01:09.512 -- 00:01:14.138 Five years ago, when we were completing our spinoff, the world was in the midst of a 00:01:14.138 -- 00:01:19.445 global pandemic. While the pande...