Allegion PLC (NYSE:ALLE)

$ 131.97 -1.02 (-0.77%) Market Cap: 11.47 Bil Enterprise Value: 13.08 Bil PE Ratio: 20.27 PB Ratio: 7.30 GF Score: 91/100

Allegion PLC at Morgan Stanley Laguna Conference Transcript

Sep 12, 2019 / 09:00PM GMT

Release Date Price: $100.33 (+0.40%)

Transcript

Unidentified Analyst

Thanks, everybody. We'll get started back up again with Allegion. On stage, we have Dave Petratis, Chairman and CEO. Dave, thanks for joining us.

David D. Petratis

Allegion plc - Chairman, CEO & President

Pleasure.

Unidentified Analyst

Pleasure as always. Maybe take a couple of minutes to give us an update on how you're seeing the world out there. I think your markets are probably more stable than most, plenty of visibility. So not as much macro jitters. But maybe you could start off give us lay of the land.

David D. Petratis

Allegion plc - Chairman, CEO & President

So I'd say lay of the land is solid at Allegion as I think about the incoming indicators of volume in the world, good growth in the first half. The backlog for our company, the potential orders or orders that have been booked, and we're seeing in terms of visibility is one of the strongest that we've had since we created the company. So you look at that say, hey, pretty good.

I

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