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Allegion Q1 results, “Robust Demand” for NA non-residential business

April 26, 2023Ken Showers, Managing Editor

DUBLIN – It’s been a strong start to 2023 for Allegion plc as the company released its first quarter financial results during this week’s scheduled earnings call. The company posted an organic revenue growth of 15 percent, with electronics growth for the quarter exceeding 30 percent in the Americas. Allegion's cash generation improved significantly over last year and has raised outlooks on revenue, EPS and cashflow as a result. In the call Allegion President and...

2023, Allegion plc, Earnings Call, electronics, First Quarter (Q1), John Stone, non-residential, portable security, Residential