April 25, 2014 1:36 AM ET

Building Products

Company Overview of Allegion Plc

Company Overview

Allegion Public Limited Company provides security products and solutions in the Americas, Europe, the Middle East, India, Africa, and the Asia Pacific. It offers mechanical and electronic security products for end-users in commercial, institutional, and residential facilities in the education, healthcare, government, commercial office, and single- and multi-family residential markets. The company’s products include locks, locksets, and key systems; door closers and controls, and exit devices; electronic products and access control systems, including time, attendance, and workforce productivity and video analytics systems; doors and door frames; and other accessories. It markets and sells its...

Block D

Iveagh Court

Harcourt Road

Dublin,  2


8,000 Employees


353 1 254 6200

Key Executives for Allegion Plc

Age: 55
Chief Financial Officer and Senior Vice President
Age: 50
Total Annual Compensation: $355.8K
Senior Vice President of Americas
Age: 51
Total Annual Compensation: $394.7K
Senior Vice President
Age: 55
Total Annual Compensation: $306.8K
Senior Vice President of Asia Pacific
Age: 48
Total Annual Compensation: $289.2K
Compensation as of Fiscal Year 2012.

Allegion Plc Key Developments

Allegion Plc Appoints Dean I. Schaffer to Board of Directors

Allegion Plc announced that Dean I. Schaffer, former partner of Ernst & Young LLP, was appointed to the company's Board of Directors. Mr. Schaffer spent the last 39 years of his career with Ernst & Young LLP, an international public accounting firm.

Allegion Plc Declares Quarterly Dividend, Payable on June 30, 2014

Allegion plc announced that its board of directors declared a quarterly dividend of $0.08 per ordinary share of the company. The dividend is payable June 30, 2014, to shareholders of record on June 16, 2014.

Allegion Plc Reaffirms Earnings Guidance for Fiscal 2014

Allegion Plc reaffirmed earnings guidance for fiscal 2014. The company expects revenue growth at 3.5% to 4.5%, that's inclusive of a 1% price increase in core markets. That would give revenue of somewhere between $2.11 billion and $2.13 billion. The company is looking at an effective tax rate of approximately 31%. The company expects EPS growth or EPS of $2.25, to $2.40, that's before spin and restructuring cost estimated to be between $0.25 to $0.30 a share. The company is targeting available cash flow to approximate 100% of net earnings. The company is stepping up its capital expenditure in 2014 to about $40 million. The increase there is primarily IT-related expenditure.

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