Allegion Plc · NYSE:ALLE
Allegion — Q1 2016 Earnings Presentation
14 slides from Allegion's earnings presentation, Apr 28, 2016
Slide 1: Allegion First-Quarter 2016 Results
Allegion First-Quarter 2016 Results April 28, 2016
Slide 2: Safe Harbor
Safe Harbor This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's 2016 financial performance, the Company’s growth strategy, the Company’s capital allocation strategy, the Compa
Slide 3: First-Quarter Financial Highlights
First-Quarter Financial Highlights Revenue of $502.3 million increased +9.5%, +3.6% on an organic basis1 Americas organic revenue growth +3.4% EMEIA organic revenue growth +3.3% Asia Pacific organic revenue growth +8.0%2 Adjusted3 operating income of $84.6 million increased +12.5%; adjuste
Slide 4: Schlage Control Next Generation Multi-family Electronic Access
Schlage ControlTM Next Generation Multi-family Electronic Access Design eliminates traditional key management and enables systems connectivity in common areas Open integration capabilities allow more access management software choices Cloud-based mobile or web apps give facility managers contr
Slide 5: 2016 Allegion Adjusted Revenue Results
2016 Allegion Adjusted Revenue Results Strong Acquisition Contribution, Pricing Improving 1Organic excludes acquisitions/divestitures and currency impacts 5 | First-Quarter 2016 Results
Slide 6: First-Quarter 2016 Allegion Results
First-Quarter 2016 Allegion Results Revenue Adjusted Operating Income(1) ($millions) ($millions) Q1 Revenue Performance Q1 Adjusted Operating Margin +40bps Total growth +9.5%; organic growth +3.6% Favorable margin improvement in all Good price realization regions Organic growth across all re
Slide 7: Allegion EPS Performance
First-Quarter 2016 Allegion EPS Performance Q1 Other,Net/NCI $0.07 Interest Expense ($0.04) Price $0.04 Productivity/Inflation $0.02 FX $0.01 7 | First-Quarter 2016 Results
Slide 8: First-Quarter 2016 Americas Results
First-Quarter 2016 Americas Results Revenue Adjusted Operating Income(1) ($millions) ($millions) Q1 Revenue Performance Q1 Adjusted Operating Margin +20bps Total growth +2.5%; organic growth +3.4% Favorable margin improvement driven by High single-digit growth in residential with pricing, mate
Slide 9: First-Quarter 2016 EMEIA Results
First-Quarter 2016 EMEIA Results Revenue Adjusted Operating Income(1) ($millions) ($millions) Q1 Revenue Performance Q1 Adjusted Operating Margin +380bps Total growth +45.0%; organic growth +3.3% Fifth consecutive quarter with year-over- Continued price realization year margin improvement Go
Slide 10: First-Quarter 2016 Asia Pacific Results
First-Quarter 2016 Asia Pacific Results Revenue Adjusted Operating Income(1) ($millions) ($millions) Q1 15 Q1 16 Syst Integration (1.0) - Mech/Elec Hdw (1.6) 0.0 Total (2.6) 0.0 Q1 Revenue Performance Q1 Adjusted Operating Margin +1150bps Total growth -8.4%; organic growth +8.0% Operating margin
Slide 11: First-Quarter 2016 Allegion ACF
First-Quarter 2016 Allegion ACF Available Cash Flow 1 ($millions) First quarter use of cash consistent with historic seasonal cash flow trend Decrease in ACF primarily due to increased working capital partially offset by favorable CAPEX Working Capital 2 & Cash Conversion Cycle (CCC) 3 Affirming
Slide 12: Full-Year 2016 EPS Guidance
Full-Year 2016 EPS Guidance YOY Total Revenue Growth 7% to 8% YOY Organic Revenue Growth 4% to 5% 2016 Reported EPS from Continuing Operations $3.15 to $3.35 Adjustments (restructuring and acquisition costs) ($0.05) to ($0.10) 2016 Adjusted EPS from Continuing Operations $3.25 to $3.40 Assumptions a
Slide 13: Summary
Summary Q1 organic revenue growth +3.6% All regions delivering organic growth Market growth as expected across geographic segments Increased Q1 2016 adjusted operating margins +40 bps All regions delivering operating margin improvement EMEIA transformation continues; Adjusted operating m
Slide 14: ALLEGION
| i. ALLEGION