ALLE - Allegion plc (ALLE) Quarterly Financial Filing: What Does It Reveal About Their Future Growth

2024-04-25 07:08:09 ET

Allegion PLC has seen a decrease in revenue growth, primarily due to a drop in volume but partially offset by pricing increases. Operating expenses have risen, with higher selling and administrative costs. However, net income margin has improved to 26.4%, positioning the company well relative to industry peers. Management's focus on pricing, productivity, acquisitions, and cost reduction has boosted operating income and margin. Major risks include customer preferences, cybersecurity, and supply ... Full story available on KlickAnalytics.com