
Allegion plc (ALLE) Reports 11.6% Revenue Growth to $3.65B, 19.4% Operating Margin Expansion
Allegion plcDescription
What this story covers
Allegion plc reported robust 2023 financials: 11.6 percent revenue growth to 3 point 65 billion dollars, driven by pricing and acquisitions. Operating income rose to 708 point 4 million dollars, with margin expanding to 19 point 4 percent. Strong operating cash flow, low leverage, and strategic electronic product growth underscore a solid financial position.
Story snapshot
CompanyAllegion plc
TickerALLE
VariantStandard detailed
Duration26:18
Filing type10-K
PeriodAnnual 2023
IndustryIndustrials & Manufacturing
Accession0001579241-24-000006
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