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 Bank of America Global Industrials Conference (Virtual) Transcript

Mar 16, 2021 / 05:20PM GMT

Release Date Price: $121.33 (+2.71%)

Transcript

Andrew Burris Obin

BofA Securities, Research Division - MD

Good afternoon. It's Andrew Obin from BofA Merrill. And thank you. Welcome to our afternoon session. We have the management team from Allegion. And presenting, we have Pat Shannon, the company's CFO. I think up until today, I had the only buy on Allegion on the street. So this seems to be changing. Hopefully, people are recognizing that the world is changing for the better. With that, maybe we can go straight to Q&A. For those of you on the phone or listening in, feel free to ask the questions on Veracast. It's very easy. And you can IB me, and I have my own set of questions, but as I said, if you feel like you want to ask something, please do.

Questions & Answers

Andrew Burris Obin;Patrick S. Shannon

BofA Securities, Research Division - MD;

So look, with that, maybe we can jump in. And the first question, I'm sure you have not heard this question before, it's very, very unique, maybe you can talk about America's nonresidential construction outlook.

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