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Bloomberg

BofA's Guenthardt on M&A Deals and IPO Pipeline in Asia

Peter Guenthardt, Head of APAC Global Corporate and Investment Banking at Bank of America, discusses the outlook for deals in Asia in light of the Iran war. He also shares the company's hiring plans in the region. He speaks exclusively with Haslinda Amin from the sidelines of the "BofA Breakthrough Technology Dialogue" conference on Insight with Haslinda Amin.

Leia mais: BofA's Guenthardt on M&A Deals and IPO Pipeline in Asia
Bloomberg

Fortescue's Mark Barnaba on Iran, Rates and China

Fortescue Deputy Chairman Mark Barnaba speaks to Bloomberg TV about rising costs from the Iran war, China's growing influence, and the miner's push to replace diesel with renewable energy. Barnaba speaks to Bloomberg's Haslinda Amin exclusively from the Bank of America's Breakthrough Technology Dialogue Asia Pacific in Singapore.

Leia mais: Fortescue's Mark Barnaba on Iran, Rates and China

Grafa
Technology

Allegion Q1 revenue tops $1B amid strong Americas demand

Allegion (NYSE:ALLE) today unveiled its financial results for the first quarter ended March 31, 2026, showcasing significant top-line expansion led by its core Americas business.

The global security products leader posted record first-quarter net revenues of $1,033.6 million, a 9.7% increase compared to the prior-year period.

The revenue growth was supported by a 4.8% net positive impact from strategic acquisitions and divestitures, along with a 2.3% tailwind from favorable foreign currency movements.

On an organic basis—which strips out these factors—revenues grew 2.6%.

Management cited robust performance in the Americas non-residential and electronics segments as the primary drivers, with price realization effectively countering broader volume declines.

While revenue saw a healthy climb, profitability faced several macro-driven hurdles.

Allegion reported net earnings of $138.1 million, or $1.59 per share, down 7.0% from the previous year.

Adjusted net earnings stood at $155.9 million, or $1.80 per share, a 3.2% decrease.

Adjusted operating margin for the quarter was 21.2%, down from 22.7% in the first quarter of 2025.

The company attributed this margin compression to volume headwinds and the net impact of inflation and strategic investments, which outweighed productivity gains.

Despite the pressure on margins, the company’s operational foundation remains firm.

Adjusted operating income actually rose 2.6% to $218.9 million, demonstrating the firm's ability to maintain dollar growth even as rates fluctuated.

Furthermore, Allegion's cultural health was spotlighted in March 2026, when the firm received its third Gallup Exceptional Workplace Award.

Leia mais: Allegion Q1 revenue tops $1B amid strong Americas demand