Allegion Plc - Company Profile
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Allegion Plc (Allegion) is a provider of safety and security solutions. Focus on R&D, manufacturing capabilities, strong operating performance, and brand portfolio and end markets are the company’s major strengths, whereas the increasing trade receivables remains a cause for concern. Launch of new products, growth initiatives, and a positive outlook for the construction industry in the US could provide new growth opportunities. However, currency fluctuations, increasing manpower costs in the US, and stringent regulations could affect the company’s performance.
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