Tag: non-residential
Allegion hits billion-dollar milestone, with nod to non-residential biz
July 30, 2025Ken Showers, Managing Editor
DUBLIN — Allegion plc hit a key milestone with the release of its second quarter 2025 results this week, largely the result of growth in its non-residential segment in the Americas.
CEO John Stone highlighted the company’s $1.02 billion in net revenues, an increase of 5.8%, and its high-single digit non-residential organic growth in the Americas as an indicator of the resilience of the business and the health of its relationship with channel partners.
“Q2 was a...
ASSA ABLOY navigates U.S. economic climate
May 9, 2025Ken Showers, Managing Editor
STOCKHOLM — ASSA ABLOY plans to increase prices between 1% and 2% this year in the face of an uncertain economic climate in the U.S., company officials said during a recent webcast.
During the Q&A portion of the webcast, ASSA ABLOY President and CEO Nico Delvaux said, with the threat of tariffs altering the global economic landscape in a chaotic and shifting manner almost daily, it was difficult to provide guidance but that price increases would be part of mitigations, among other...
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...