Tag: Dorcas
Allegion rides favorable Americas, ‘active pipeline’ into 2025
March 5, 2025Ken Showers, Managing Editor
DUBLIN — Allegion’s fourth quarter results exceeded expectations thanks to a favorable bump in revenue for the Americas and strategic partnerships and acquisitions bolstering its non-residential business.
Allegion’s revenues in the Americas saw a 6.4% increase in Q4 (4.6% organic).
“Allegion delivered a record year in 2024 – a year marked by consistent, strong execution, solid margin expansion and balanced capital deployment,” said President...
Allegion off to 'solid start’
May 1, 2024Ken Showers, Managing Editor
DUBLIN – A healthy institutional market helped Allegion plc beat earnings estimates in the first quarter (Q1) of 2024, the fourth quarter in a row.
“Allegion is off to a solid start in 2024, and I'm very proud of our entire team,” Allegion CEO John Stone told investors. “Institutional markets remain healthy as we expected, our team continues to leverage our capabilities in spec writing, made-to-order manufacturing and strong distribution partnerships to best serve...
Allegion acquires Dorcas
March 4, 2024SSN Staff
DUBLIN – Allegion has announced its acquisition, through one of its wholly owned subsidiaries, of Dorcas (Montajes electronicos Dorcas S.L.).
A leading manufacturer of electro-mechanical access control solutions, Dorcas is a privately held company based in Siete Aguas (Valencia region), Spain, where it specializes in the production of electric strikes, electro-mechanical and electro-magnetic locks, as well as complementary access control solutions and door control products. Dorcas solutions...