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Otis Reports Fourth Quarter And Full Year 2020 Results

Otis Reports Fourth Quarter And Full Year 2020 Results Delivers strong fourth quarter results with organic sales growth; announces 2021 outlook 4Q Net sales up 4.2% with organic growth of 1.3%; FY net sales down 2.8% with organic down 2.1% 4Q GAAP operating profit up $4 million with 40 bps of margin contraction; FY down $175 million with 100 bps of margin contraction 4Q Adjusted operating profit up $36 million with 50 bps of margin expansion; FY up $47 million with 70 bps of margin expansion 4Q New Equipment orders down 3.5%; FY down 2.7%; backlog up 6%, 2% at constant currency FY GAAP cash flow from operations of $1.5 billion; free cash flow of $1.3 billion

13 0%+ Growth for Connected Home Market Size Raising to USD 115 3 Billion by 2025 | Size, Growth, Opportunity and Forecasts – KSU

bmrcFebruary 1, 2021 31 Connected home market is valued at USD 47.52 Billion in 2018 and expected to reach USD 115.3 Billion by 2025 with the CAGR of 13.5% over the forecast period. Increasing the number of IoT enabled devices with surge in the internet and smartphone users, as well as rise in the demand of energy- saving and low carbon emission solutions for better and comfortable lifestyle are some important factors driving the growth of connected home market. Connected home Companies – United Technologies Corporation, Johnson Controls, Inc., Legrand S.A., Ericsson AB, Schneider Electric Se, Panasonic, Siemens AG, ABB Ltd., Honeywell International, General Electric Company, Samsung Electronics, others

Industrial Heating Equipment Market Size, Top Countries Data, Industry Share, Company Overview, Industrial Statistics, Regional Economy, Development and Forecast to 2027

Industrial Heating Equipment Market Size, Top Countries Data, Industry Share, Company Overview, Industrial Statistics, Regional Economy, Development and Forecast to 2027
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Commercial Avionics Market Size to Grow with Stupendous CAGR | Key Driver and Growth Forecasts – KSU

richardFebruary 1, 2021 10 Global Commercial Avionics Market Study Focuses On Market Growth Insights, Latest Developments, Industrial Analysis, And Future Trends The research report on global  Market Research Store covers all the market details for the forecast period. Primarily, the report considers some essential factors that accounts for the growth and development of the market. The Commercial Avionics market report sheds light on the major interferences and challenges. The document provides a clear picture of the future market scope and competitive market scenarios for gaining complete knowledge about the market growth rate during the forecast period. Furthermore, the report studies the vital growth aspects such as growth stimulators, market valuation, regional segmentation, and market competitiveness among the key players.

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