Allegion plc (ALLE) Q4 2022 Earnings Call Transcript

For the period ending December 31, 2022

February 22, 2023 8:00 a.m. ET

Prepared Remarks

Questions and Answers

Call Participants

Prepared Remarks:

Operator

Good day, and welcome to the Allegion Fourth Quarter 2022 Earnings Call. All participants will be in listen-only mode. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. Please note this event is being recorded.

I would now like to turn the conference over to Tom Martineau, Vice President of Investor Relations and Treasurer. Please go ahead.

Tom Martineau

Thank you, Jason. Good morning, everyone. Thank you for joining us for Allegion's fourth quarter and full-year 2022 earnings call. With me today are John Stone, President and Chief Executive Officer; and Mike Wagnes, Senior Vice President and Chief Financial Officer of Allegion.

Our earnings release, which was issued earlier this morning and the presentation, which we will refer to in today's call are available on our website at investor.allegion.com. This call will be recorded and archived on our website.

Please go to slides two and three. Statements made in today's call that are not historical facts are considered forward-looking statements and are made pursuant to the safe harbor provisions of federal securities law. Please see our most recent SEC filings for a description of some of the factors that may cause actual results to differ materially from our projections. The company assumes no obligation to update these forward-looking statements.

Today's presentation and commentary include non-GAAP financial measures. Please refer to the reconciliation in the financial tables of our press release for further details.

Before I turn the call over to John, I have a couple of announcements to share. Kevin Sayer, who has been Allegiant's Director of Investor Relations for the past six years has been promoted to the role of Finance Director of our Commercial Americas business. This is a fantastic role for Kevin, who will now serve as our senior finance leader for that business. And I want to express my thanks and appreciation for all of Kevin's support.

I'm also pleased to announce the promotion of Joby Coyle to the Director of Investor Relations role. Most recently, Joby has been leading our Americas home finance organization. Effective today, Job is the primary contact for our Investor Relations office. I will continue to lead the Investor Relations function.

I would also like to share that Allegion will be hosting a 2023 Investor and Analyst Day on May 2nd of this year. The event will be at our Carmel, Indiana facility, which is in the North Indianapolis Metro area. A webcast option will also be available. Look for more details as we get closer to the event.