Allegion

SIMPLIFYING ACCESS CONTROL FOR MULTIFAMILY: ALLEGION SHOWCASES NEW SCHLAGE XE360 WIRELESS LOCK, PROPTECH ALLIANCES AND SERVICES AT NAA APARTMENTALIZE

Retrieved on: 
Wednesday, June 7, 2023

ATLANTA, June 7, 2023 /PRNewswire/ -- From June 7-9, Allegion US, a leading provider of security solutions, technology and services, will be exhibiting and demonstrating new interoperable electronic access control technologies, software and proptech solutions at NAA Apartmentalize (booth #1705), an annual event that brings together multifamily housing professionals from around the world for three days of education, networking and learning about the latest industry trends and best practices.

Key Points: 
  • The Schlage XE360 wireless lock provides multifamily property owners and managers with a unique combination of innovative features designed to affordably simplify access control and provide next-level design for their properties.
  • Schlage Control® mobile enabled smart lock: The Schlage Control mobile enabled smart lock was designed specifically for multifamily residence doors.
  • Through support for Bluetooth® mobile credentials, Schlage Control deadbolts and interconnected locks allow residents to gain access using smart credentials or their smartphones.
  • Proptech Alliances : Allegion offers a wide-ranging ecosystem of both independent proptech and traditional access control providers, ensuring multifamily properties have access to the broadest range of capabilities available.

Allegion to Attend 2023 Wells Fargo Industrials Conference

Retrieved on: 
Tuesday, May 30, 2023

Allegion plc (NYSE: ALLE) President and CEO John H. Stone will discuss the company’s long-term strategy at the 2023 Wells Fargo Industrials Conference on Tuesday, June 13. The conference will be held at The InterContinental Chicago.

Key Points: 

Allegion plc (NYSE: ALLE) President and CEO John H. Stone will discuss the company’s long-term strategy at the 2023 Wells Fargo Industrials Conference on Tuesday, June 13. The conference will be held at The InterContinental Chicago.

Allegion's STANLEY Access Technologies Revolutionizes Drive-Thru Experience With Latest QSR Innovation

Retrieved on: 
Tuesday, May 23, 2023

FARMINGTON, Conn., May 23, 2023 /PRNewswire/ -- STANLEY Access Technologies, part of the Allegion family of brands and leading provider of automatic door solutions and service, today announced the launch of Dura-Glide® DT™, an automatic drive-thru window and door hybrid designed to help fast food and QSR brands face their greatest challenges at the drive-thru. Developed alongside global QSR leaders, the Dura-Glide® DT™ provides flexibility to operate in window or door mode, so that staff can easily service drive-thru customers as well as parked patrons and third-party delivery services.

Key Points: 
  • The Dura-Glide® DT™ reimagines the number one selling automatic sliding door to accelerate the customer experience and boost efficiency at QSRs.
  • Developed alongside global QSR leaders, the Dura-Glide® DT™ provides flexibility to operate in window or door mode, so that staff can easily service drive-thru customers as well as parked patrons and third-party delivery services.
  • Dura-Glide® DT™ is our solution for the changing face of the QSR industry," said Greg Erickson, National Account Manager at STANLEY Access Technologies.
  • Based on the input of QSR leaders, Dura-Glide® DT™ was designed to improve throughput with quicker exchanges and reduced wait times.

Allegion Releases 2022 Annual Report, ESG Metrics

Retrieved on: 
Monday, May 1, 2023

Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, has released its 2022 Annual Report, environmental, social and governance (ESG) updates and additional year-in-review content, all available at www.allegion.com .

Key Points: 
  • Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, has released its 2022 Annual Report, environmental, social and governance (ESG) updates and additional year-in-review content, all available at www.allegion.com .
  • Allegion’s “Annual Report & More” microsite features a collection of digital updates on the company and its performance, including its 2022 Annual Report (Form 10-K); its 2023 Notice of Annual General Meeting of Shareholders and Proxy Statement; and President and CEO John H. Stone’s first annual letter to shareholders.
  • “Commitment to accountability and transparency are priorities for Allegion,” said Stone, who joined the company in July 2022.
  • Please see the Allegion ESG web section for more details on these highlights and how they are measured.

Allegion Reports First-Quarter 2023 Financial Results, Raises Full-Year 2023 Outlook

Retrieved on: 
Wednesday, April 26, 2023

“Our first-quarter results reflect strong execution company-wide and a great start for Allegion in 2023,” said John H. Stone, Allegion president and CEO.

Key Points: 
  • “Our first-quarter results reflect strong execution company-wide and a great start for Allegion in 2023,” said John H. Stone, Allegion president and CEO.
  • Adjusted operating income in first-quarter 2023 was $192.4 million, an increase of $63.0 million or 48.7% compared to 2022.
  • Other income net for first-quarter 2023 was $0.3 million, compared to other income net of $2.2 million in 2022.
  • “Allegion is positioned well to execute our increased 2023 outlook and our long-term growth strategy."

Allegion to Attend 2023 Goldman Sachs Industrials & Materials Conference

Retrieved on: 
Monday, April 24, 2023

Allegion plc (NYSE: ALLE) Senior Vice President and Chief Financial Officer Mike Wagnes will discuss the company’s long-term strategy at the 2023 Goldman Sachs Industrials & Materials Conference on Tuesday, May 9. The conference will be held at The Conrad Hotel in Downtown New York City.

Key Points: 

Allegion plc (NYSE: ALLE) Senior Vice President and Chief Financial Officer Mike Wagnes will discuss the company’s long-term strategy at the 2023 Goldman Sachs Industrials & Materials Conference on Tuesday, May 9. The conference will be held at The Conrad Hotel in Downtown New York City.

Allegion Appoints Ellen Rubin to Board of Directors

Retrieved on: 
Monday, April 17, 2023

Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, has appointed Ellen Rubin, founder and CEO of Causely, Inc., to the company's board of directors.

Key Points: 
  • Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, has appointed Ellen Rubin, founder and CEO of Causely, Inc., to the company's board of directors.
  • Her expertise will serve Allegion well as we pursue technology-fueled growth and our vision of seamless access and a safer world.”
    With Rubin’s appointment, Allegion has a nine-member board of directors with 56% diversity across gender, racial and ethnic representation.
  • Rubin also currently serves on the board of directors at Chase Corporation.
  • You can also see the company’s full board of directors by clicking here .

Allegion Declares Quarterly Dividend

Retrieved on: 
Thursday, April 13, 2023

Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, today announced that its board of directors declared a quarterly dividend of $0.45 per ordinary share of the company.

Key Points: 

Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, today announced that its board of directors declared a quarterly dividend of $0.45 per ordinary share of the company.
The dividend is payable on June 30, 2023, to shareholders of record on June 15, 2023.

Global Commercial Security Market 2023 - 2028: Rising Adoption of IoT-based Security Systems Drives Growth

Retrieved on: 
Wednesday, April 12, 2023

The introduction of advanced technology with commercial security systems such as IP security cameras, which are connected to the internet, has a risk of cyber-attack, which acts as a restraint for the market's growth.

Key Points: 
  • The introduction of advanced technology with commercial security systems such as IP security cameras, which are connected to the internet, has a risk of cyber-attack, which acts as a restraint for the market's growth.
  • The detection and response approach integrated into company policies to confront unwanted incidents may provide an opportunity for the commercial security market to grow.
  • The COVID-19 pandemic has affected the demand for commercial security systems such as fire protection and video surveillance systems due to slowing down and postponing commercial infrastructure activities.
  • The key vendors of commercial security systems are introducing cameras with comprehensive features using the latest technology for video surveillance systems.

Allegion Schedules Conference Call, Webcast to Announce 2023 First-Quarter Results

Retrieved on: 
Wednesday, March 29, 2023

Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, will release its 2023 first-quarter financial results on Wednesday, April 26, before the market opens.

Key Points: 
  • Allegion plc (NYSE: ALLE), a leading global security products and solutions provider, will release its 2023 first-quarter financial results on Wednesday, April 26, before the market opens.
  • Later that morning, John H. Stone, president and CEO, and Mike Wagnes, senior vice president and chief financial officer, will conduct a conference call for analysts and investors, beginning at 8 a.m.
  • A real-time, listen-only webcast of the conference call will be broadcast live, through the company's website at https://investor.allegion.com/ .
  • The conference call may be accessed by dialing 877-883-0383 in the United States or 412-902-6506 internationally and entering Conference ID 0483682.