ALLE Gains on Strength in Allegion Americas Segment Amid Cost Woes
Key Takeaways ALLE expects 2025 revenues to grow 1-3%, driven by demand in non-residential and electronic security markets. Trimco and Next Door acquisitions enhance ALLE's doors and frames portfolio in the Americas segment. High raw material costs and FX pressures threaten ALLE's profitability despite ongoing expansion efforts.Allegion plc (ALLE) is benefiting from stable demand across end markets like education, healthcare, government, hospitality and retail, and the acquisitions of Next Door Company an ...