[PART I - FINANCIAL INFORMATION](index=4&type=section&id=PART%20I%20-%20FINANCIAL%20INFORMATION) [Item 1 - Financial Statements](index=4&type=section&id=Item%201%20-%20Financial%20Statements) This section presents the unaudited condensed consolidated financial statements for Q1 2023 and 2022, including income, balance, and cash flow statements, with notes on acquisitions, debt, and segment performance [Condensed and Consolidated Statements of Comprehensive Income](index=4&type=section&id=Condensed%20and%20Consolidated%20Statements%20of%20Comprehensive%20Income) | Financial Metric | Three months ended March 31, 2023 (Millions USD) | Three months ended March 31, 2022 (Millions USD) | YoY Change | | :--- | :--- | :--- | :--- | | Net revenues | $923.0 | $723.6 | +27.6% | | Operating income | $171.0 | $117.0 | +46.2% | | Net earnings attributable to Allegion plc | $123.5 | $93.0 | +32.8% | | Diluted EPS (USD) | $1.40 | $1.05 | +33.3% | [Condensed and Consolidated Balance Sheets](index=5&type=section&id=Condensed%20and%20Consolidated%20Balance%20Sheets) | Balance Sheet Item | March 31, 2023 (Millions USD) | December 31, 2022 (Millions USD) | | :--- | :--- | :--- | | Total current assets | $1,253.4 | $1,214.6 | | Total assets | $4,124.4 | $3,991.2 | | Total current liabilities | $668.5 | $703.6 | | Total liabilities | $3,079.8 | $3,046.7 | | Total equity | $1,044.6 | $944.5 | [Condensed and Consolidated Statements of Cash Flows](index=6&type=section&id=Condensed%20and%20Consolidated%20Statements%20of%20Cash%20Flows) | Cash Flow Activity | Three months ended March 31, 2023 (Millions USD) | Three months ended March 31, 2022 (Millions USD) | | :--- | :--- | :--- | | Net cash provided by operating activities | $69.0 | $20.5 | | Net cash used in investing activities | ($51.4) | ($6.3) | | Net cash used in financing activities | ($15.4) | ($104.9) | | Net increase (decrease) in cash | $4.8 | ($92.8) | [Notes to Condensed and Consolidated Financial Statements](index=7&type=section&id=Notes%20to%20Condensed%20and%20Consolidated%20Financial%20Statements) - On January 3, 2023, the company acquired plano. group, a SaaS workforce management solution business in Germany, for initial cash consideration of **$36.6 million**. This acquisition is part of the Allegion International segment[19](index=19&type=chunk) - On July 5, 2022, the company acquired Stanley Access Technologies for **$923.1 million** in cash. This business has been integrated into the Allegion Americas segment and contributed **$103.1 million** in net revenues for Q1 2023[19](index=19&type=chunk)[26](index=26&type=chunk) - Total debt outstanding was **$2,121.9 million** as of March 31, 2023, an increase from **$2,094.5 million** at year-end 2022. This includes various Senior Notes and borrowings under the 2021 Credit Facilities[32](index=32&type=chunk) - The company declared a quarterly dividend of **$0.45 per ordinary share** on April 13, 2023, payable on June 30, 2023[80](index=80&type=chunk) | Segment | Q1 2023 Net Revenues (Millions USD) | Q1 2022 Net Revenues (Millions USD) | | :--- | :--- | :--- | | Allegion Americas | $740.9 | $521.9 | | Allegion International | $182.1 | $201.7 | | **Total** | **$923.0** | **$723.6** | [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=20&type=section&id=Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses Q1 2023 financial results, noting a 27.6% revenue increase, improved operating margin, segment performance, and strong liquidity [Results of Operations](index=21&type=section&id=Results%20of%20Operations) | Revenue Growth Driver | Contribution to YoY Growth | | :--- | :--- | | Pricing | +10.6% | | Volume | +4.4% | | Acquisitions / divestitures | +14.1% | | Currency exchange rates | -1.5% | | **Total** | **+27.6%** | | Operating Margin Driver | Impact on YoY Margin | | :--- | :--- | | March 31, 2022 Margin | 16.2% | | Pricing and productivity in excess of inflation | +2.6% | | Volume / product mix | +1.8% | | Restructuring / acquisition expenses | -1.3% | | Currency exchange rates | -0.6% | | Acquisitions / divestitures | -0.2% | | **March 31, 2023 Margin** | **18.5%** | - Interest expense increased by **$11.7 million** compared to Q1 2022, primarily due to interest on new Senior Notes issued in 2022 and higher rates on variable debt[91](index=91&type=chunk) - The effective tax rate rose to **16.3%** from **13.2%** in the prior year, mainly due to a change in the geographic mix of income toward higher-tax jurisdictions[94](index=94&type=chunk) [Review of Business Segments](index=22&type=section&id=Review%20of%20Business%20Segments) - Allegion Americas revenue grew **42.0% YoY** to **$740.9 million**, driven by strong pricing, higher non-residential volumes, and the Access Technologies acquisition. Operating margin increased from **23.5% to 25.2%**[97](index=97&type=chunk)[99](index=99&type=chunk)[102](index=102&type=chunk) - Allegion International revenue decreased **9.7% YoY** to **$182.1 million**, impacted by lower volumes in Global Portable Security, unfavorable currency exchange rates, and a prior-year divestiture. Operating margin declined from **10.4% to 5.8%**[97](index=97&type=chunk)[102](index=102&type=chunk)[103](index=103&type=chunk) [Liquidity and Capital Resources](index=25&type=section&id=Liquidity%20and%20Capital%20Resources) - Net cash from operating activities increased significantly to **$69.0 million** from **$20.5 million** in Q1 2022, driven by higher net earnings and favorable working capital changes[108](index=108&type=chunk) - Cash used in investing activities increased to **$51.4 million** from **$6.3 million**, primarily due to the **$36.6 million** acquisition of plano and higher capital expenditures[108](index=108&type=chunk) - Cash used in financing activities decreased to **$15.4 million** from **$104.9 million**, mainly because the company did not repurchase shares in Q1 2023 (compared to **$61.0 million** in Q1 2022) and drew **$30.0 million** on its revolving facility[108](index=108&type=chunk) [Quantitative and Qualitative Disclosures about Market Risk](index=29&type=section&id=Quantitative%20and%20Qualitative%20Disclosures%20about%20Market%20Risk) No material changes in market risk exposure were reported for Q1 2023, with further details available in the 2022 Annual Report - There have been no material changes in the company's exposure to market risk during the first quarter of 2023[121](index=121&type=chunk) [Controls and Procedures](index=29&type=section&id=Controls%20and%20Procedures) Management confirmed effective disclosure controls and procedures as of March 31, 2023, with no material changes to internal controls during the quarter - Management concluded that as of March 31, 2023, the company's disclosure controls and procedures are effective[122](index=122&type=chunk) - No material changes to the company's internal control over financial reporting were identified during the first quarter of 2023[123](index=123&type=chunk) [PART II - OTHER INFORMATION](index=31&type=section&id=PART%20II%20-%20OTHER%20INFORMATION) [Legal Proceedings](index=31&type=section&id=Item%201%20-%20Legal%20Proceedings) The company is involved in routine legal proceedings, none of which are expected to materially impact its financial condition or operations - Pending legal matters are not expected to have a material adverse impact on the company's results of operations, financial condition, liquidity, or cash flows[125](index=125&type=chunk) [Risk Factors](index=31&type=section&id=Item%201A%20-%20Risk%20Factors) No material changes to the company's previously disclosed risk factors were reported for the period - No material changes to the company's risk factors were reported for the period[126](index=126&type=chunk) [Unregistered Sales of Equity Securities and Use of Proceeds](index=31&type=section&id=Item%202%20-%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) No equity securities were repurchased in Q1 2023, with $140.5 million remaining available under the 2020 Share Repurchase Authorization - No shares were repurchased during the three months ended March 31, 2023[128](index=128&type=chunk) - As of March 31, 2023, **$140.5 million** was still available for repurchase under the 2020 Share Repurchase Authorization[54](index=54&type=chunk)[128](index=128&type=chunk) [Exhibits](index=33&type=section&id=Item%206%20-%20Exhibits) This section lists the exhibits filed with the Form 10-Q, including CEO/CFO certifications and XBRL data files - The report includes standard filings such as CEO/CFO certifications (Exhibits **31.1**, **31.2**, **32.1**) and interactive data files (Exhibits **101**, **104**)[129](index=129&type=chunk)[130](index=130&type=chunk)[131](index=131&type=chunk)

Allegion plc (NYSE:ALLE) Q4 2022 Earnings Conference Call February 22, 2023 8:00 AM ET Company Participants Tom Martineau - Vice President, Investor Relations and Treasurer John Stone - President and Chief Executive Officer Mike Wagnes - Senior Vice President and Chief Financial Officer Conference Call Participants Joe O'Dea - Wells Fargo Vivek Srivastava - Goldman Sachs Brett Linzey - Mizuho Americas David MacGregor - Longbow Research Jeff Sprague - Vertical Research Chris Snyder - UBS Tim Tojs - Baird Jos ...

Fourth-Quarter 2022 Financial Results February 22, 2023 Forward-Looking Statements This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, including, but not limited to, statements under the heading "2023 Outlook," and statements regarding continued impacts of ongoing macroeconomic and industry factors, inflation, supply chain constrai ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-35971 https://reportify-1252068037.cos.ap- beijing.myqcloud.com/media/production/ALLE3c8540d7617bbb0c ALLEGION PUBLIC LIMITED COMPANY (E ...

Allegion plc (NYSE:ALLE) Q3 2022 Earnings Conference Call October 27, 2022 8:00 AM ET Company Participants Tom Martineau - Vice President, Investor Relations and Treasurer John Stone - President and Chief Executive Officer Mike Wagnes - Senior Vice President and Chief Financial Officer Conference Call Participants Josh Pokrzywinski - Morgan Stanley Kiran Patel-O'Connor - Barclays Ryan Merkel - William Blair Brett Linzey - Mizuho Americas Joe O’Dea - Wells Fargo Joe Nolan - Longbow Research Brian Ruttenbur - ...

Allegion plc (NYSE:ALLE) Q2 2022 Earnings Conference Call July 28, 2022 8:00 AM ET Company Participants Tom Martineau - Vice President, Investor Relations Dave Petratis - Executive Chairman John Stone - President and Chief Executive Officer Mike Wagnes - Senior Vice President and Chief Financial Officer Conference Call Participants Julian Mitchell - Barclays Joe Nolan - Longbow Research Brett Linzey - Mizuho Brian Rutenberg - Imperial Capital Operator Good morning, and welcome to the Allegion Q2 2022 Earni ...