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Stock impact report

UPDATE 1-Lockmaker Assa Abloy posts higher Q1 operating profit [Yahoo! Finance]

Allegion plc Ordinary Shares (ALLE) 
Last allegion plc ordinary shares earnings: 4/23 05:50 am Check Earnings Report
US:NYSE Investor Relations: investor.allegion.com
Company Research Source: Yahoo! Finance
first-quarter operating profit on Wednesday, citing strong operational execution, continued strong price realisation and lower direct material costs. The Swedish company's quarterly operating profit, excluding items affecting comparability, grew to 5.43 billion Swedish crowns ($502 million) from 5.19 billion crowns a year earlier. The rival to Allegion and Stanley Black & Decker said its sales fell 2% organically in the first quarter. "The organic sales were affected by three fewer working days in March, the most important month of the quarter, and a continued weak residential market," CEO Nico Delvaux said in a statement. On a reported basis, sales grew by 9% to 35.20 billion crowns. ($1 = 10.8207 Swedish crowns) (Reporting by Elviira Luoma in Gdansk; editing by Milla Nissi) Show less Read more
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