Growth in emerging markets requires a disciplined and focused approach.
Our strategy in emerging markets is clear:
In 2015, Allegion made difficult but necessary decisions on divestitures. By exiting the Venezuelan market and divesting the Bocom Wincent business in China, Allegion is better positioned to drive emerging market growth through its core mechanical and electronic hardware business.
By taking a balanced, strategic approach, Allegion has demonstrated both organic growth and margin improvements in emerging markets, while continuing to make investments for future growth.
Media:
Doshia Stewart - Vice President, Global Corporate Communications
+1.317.810.3512
Doshia.Stewart@allegion.com
Analysts:
Mike Wagnes - Vice President, Treasury and Investor Relations
+1.317.810.3494
Michael.Wagnes@allegion.com