Vlad Sergievskii's questions to SHLAF leadership • Q1 2025
Question
Asked about current pricing trends in China across all products and about the current state of the global modernization cycle, including potential risks from U.S. uncertainty.
Answer
The company does not expect any significant pickup in pricing in China this year for any product line. The current modernization growth cycle is considered sustainable and 'here to stay for a while,' driven by the large installed base worldwide. It is also noted to be less sensitive to economic uncertainty as financing is a small part of the modernization decision.