Otis Delivers Vertical Mobility for Montreal's REM Light Metro Transit [Yahoo! Finance]
Otis Worldwide Corporation (OTIS)
Company Research
Source: Yahoo! Finance
MONTREAL Dec. 22, 2025 /PRNewswire/ -- Otis (NYSE: OTIS), the world's leading elevator and escalator manufacturing, installation and service company, has completed a landmark installation at the Réseau Express Métropolitain (REM) light metro transit in Montréal. This transformative project was designed to connect communities across Greater Montréal and offer safe, reliable and accessible transportation across the city. What is the REM project? The REM is a fully electric light metro network spanning 67 kilometers and 26 stations, linking the South Shore, North Shore, West Island, downtown Montréal, and later Montréal-Trudeau International Airport. It is designed to facilitate mobility across the Greater Montréal Region and is the largest mass transit project in Québec Province in the last 50 years. Once complete, the new metro network will accommodate up to 150,000 daily passages, and help create energy savings and greenhouse gas emissions reductions, according to its developers.
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OTIS
News
- Otis Delivers Vertical Mobility for Montreal's REM Light Metro TransitPR Newswire
- Otis Worldwide (OTIS): Reassessing Valuation After an Earnings Beat and a Cautious Analyst Price Target Cut [Yahoo! Finance]Yahoo! Finance
- Otis Elevates Passenger Experience at Malaysia's Armani Hallson KLCCPR Newswire
- Otis Worldwide (NYSE:OTIS) had its "positive" rating reaffirmed by analysts at Wells Fargo & Company.MarketBeat
- Otis Worldwide (NYSE:OTIS) was upgraded by analysts at BNP Paribas from a "hold" rating to a "strong-buy" rating.MarketBeat
OTIS
Earnings
- 10/29/25 - Beat
OTIS
Sec Filings
- 12/5/25 - Form 4
- 12/5/25 - Form 4
- 11/7/25 - Form 4
- OTIS's page on the SEC website