Business Standard

United Tech's revenue rises 7 percent

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Reuters

(Reuters) - United Technologies Corp reported a 7 percent rise in quarterly revenue, helped by higher sales across its four business units.

The maker of Otis Elevators and Pratt & Whitney aircraft engines said it expected 2018 adjusted earnings in the range of $6.85 to $7.10 per share, up 3 percent to 6.8 percent, from a year earlier.

Net sales rose to $15.68 billion in the fourth quarter ended Dec. 31 from $14.66 billion a year earlier.

(Reporting by Ankit Ajmera in Bengaluru; Editing by Martina D'Couto)

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First Published: Jan 24 2018 | 4:48 PM IST

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