Allegion PLC (STU:60A)
€ 105 -2 (-1.87%) Market Cap: 9.30 Bil Enterprise Value: 10.80 Bil PE Ratio: 18.75 PB Ratio: 7.44 GF Score: 93/100
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Allegion PLC at Barclays Industrial Select Conference Transcript

Feb 20, 2020 / 04:30PM GMT
Release Date Price: €120
Julian C.H. Mitchell
Barclays Bank PLC, Research Division - Research Analyst

Great. Well, thanks, everyone, for attending the fireside chat. It's my pleasure to have next Allegion, Dave Petratis, Chairman, President and CEO; and of course, many of you also know Tom Martineau. So welcome back.

Dave, thanks very much for coming. Maybe just give us some updates of the -- some of the secular moves that you're seeing in the access control industry. Particularly on the residential side, I think there's been a swath of new product launches (technical difficulty) out there. Discuss maybe some of those and also where you stand on the relationship (technical difficulty) some of the Internet service providers that are moving into that home security (technical difficulty)

David D. Petratis
Allegion plc - Chairman, CEO & President

So at Allegion, we define the electronic conversions as seamless access. In my 40 years of industrial activity, it's just a great opportunity in terms of the growth opportunity in the marketplace. You may have heard me say this,

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