Allegion plc (ALLE) is a global leader in mechanical and electronic security solutions, with key brands such as CISA®, Interflex®, LCN®, Schlage®, SimonsVoss®, and Von Duprin®. Specializing in security around doors and adjacent areas, Allegion provides a diverse array of products designed to protect people and assets across homes, businesses, schools, and institutions.
Solid execution drove ALLE’s second-quarter 2024 performance, including record revenue and adjusted EPS. The security solutions provider reported second-quarter net revenues of $965.60 million, surpassing analysts’ estimate of $955.04 million. The Americas segment revenues were up 6% year-over-year (5.7% increase on an organic basis.
