focus call. morning, number the the Slide the Thank of Good Dave. as the cover Allegion Please joining of X. XXXX. as and slides. regions well slide our depicts to This everyone. Thanks, you year go the results growth total components for revenue today's on quarter on I'll their full for fourth respective
Overall, and in As in X.X% solid the fourth by quarter. realization indicated, the continued business. we volume saw Americas Price organic growth the led strong, price region. remain nonresidential particularly Americas delivered we to
of our continued and Asia business the along currency with to of a growth. divestiture The in Pacific pressure total headwind Turkey, impact were in EMEIA
of Total by in full ended can see revenue quarter year an X.X% year at With led came increase line more for revenue at growth up the for we organic top you the and performance, X%. X.X% the Americas on saw growth. where fourth than
results, the Pacific the full weaker. quarter while EMEIA than growth was in As indicated, fourth Asia and were organic year Americas higher
net X. number Slide revenues $XXX.X to go fourth the million. Please for were Reported quarter
the year, As time primarily was increased of reflects frame in year. productivity margin earlier, million stated Adjusted operating leverage by on the margin prior incremental basis. operating $XXX with increased XX XX% of of expansion Adjusted on driven along same pricing points. increase versus and income basis solid X.X% Americas over inflation. an X% this an the The outpacing last volumes up organic from X.X% operating
performance margins. point on margin to incremental Headwinds which a investments XX had operating include adjusted impact basis
operating For margin company of year, expansion the the basis XX full points. adjusted experienced
This Slide reflects to our earnings the for share XX. per go reconciliation fourth slide Please quarter. number
Adjusting year the to earnings cost XXXX was for the related For the share expenses, share of adjusted benefits to $X.XX. XXXX, U.S. per per restructuring reported fourth $X.XX quarter prior reform, integration tax was and acquisitions related $X.XX. earnings
volume Favorable count and results inflationary $XXX the increased $X.XX share share earnings on that price. share as increase, of offset per drove productivity another of $X.XX currency. than impacts million Operating occurred during incremental and leverage buyback reflective Operational unfavorable year-over-year by favorable more XXXX.
of $X.XX results The a impact incremental was another year. increase reduction $X.XX year-over-year of nearly XXXX of the unfavorable prior an compared or tax adjusted share X% per in negative the This rate drove and quarter impact. earnings quarter in investments per $X.XX, share to fourth $X.XX
loss divestitures Colombia. these associated per related well Lastly, for reduction earnings The predominantly we and divestitures as fourth divested name reclassified have share on equity After of trade in $X.XX. currency on arrive to items, impairments, one-time businesses. with non-cash the at you restructuring, of $X.XX per was effect share translation as Turkey giving earnings adjustments, and deferred reported in XXXX sale a loss previously charges to into the upon quarter
residential million, other. Please by Americas both go nicely grew a Both price and was revenues X.X% at levels growth businesses XX. strong $XXX.X The and Slide to up basis. quarter volume. were and number realization each for region on nonresidential Fourth reported the the to organic similar and driven
sequentially was business growth and had channel. strong just builder higher residential to the quarter Electronics attributed and growth the quarter in the XX% The prior sales products than new the was quarter. increased in for over
in growth was electronics the year XX%. full over the earlier, solid Americas mentioned Dave just As at
income a and price significantly XXX to volume electronics prior a adjusted continue period and operating points. XX mechanical XX.X% were users along adjusted inflation, products as substantial investments to versus long-term year drove exceeding basis consumers convenience. Incremental quarter the products driver and margins. be basis expansion. with the Strong from value Electronics million productivity point connectivity leverage, margin end for solely migrate operating a margin increased to and as Americas decrease $XXX.X of growth increased
full operating points. were With the up XXX Americas year performance, QX margins basis outstanding in adjusted
the Turkey million, the headwinds a of were slide the margin was lower in XX.X% across Adjusted by divestiture also contributed decreased Please prior to quarter revenues business period. year markets region down XX. number for The go Fourth basis. operating organic impact the operating $XXX.X disappointing by weakening X.X% EMEIA down decreased million, X% basis decline. The for region. revenue EMEIA quarter, an end volume and driven the versus the points. on $XX.X income XXX to and of of adjusted currency the
the headwinds inflation During productivity drag on plus continued exceeded quarter, currency a to and be margins. price,
we declines plant are business, to a operational from resulted quarter. that relocation inefficiencies related The on of move costs but of And The out impact negative operating magnitude are the better in XXXX. revenue the extremely Turkey progress future we resolved near-term some the that types long addition, margins. though also had likely in in costs, in continue the complex. of experience are additional we the These did run. in as divestiture In also are to being be while anticipated drove Turkey positioned to increased of expected moves
the down With QX year of performance, basis points the full in XX margins operating were the adjusted region. drag
Please year. Organic in revenues as prior Australian as quarter declines were weakness to for down end XX.X% continued XX. China, experienced the in by affected markets, revenue was be was The $XX.X Pacific markets. million, well side, slide end continued decline the driven go particularly currency weaker region number to XX.X%. on the headwinds. residential Total to by versus revenue attributable Fourth Asia down
income $X Asia Pacific a and XXX the Approximately volume had price the $X.X the versus adjusted and million basis productivity. was $X.X mix points of declines a million for of impact income margin. quarter Significant inflation with year reduced down operating million, prior large unfavorable margins plus the was on attributable period. to exceeding adjusted income decline operating decrease
the market cost of Pacific have down These XXXX. XXX adjusted operating base and the better basis in accelerate restructuring us challenges We for integration in region. initiated points actions Full Asia GWA address margins to the position the will actions to lower year were business.
net increase spend which Please the Available capital cash slide period. restructuring adjusted XX. at $XX.X by offset million capital, go to an working in prior $XXX.X The driven and net was earnings increases in to in for number came improvements by partially year compared XXXX higher and is flow million, increase of expenditures.
on chart a the shows a it at Looking the quarter percent bottom working capital increased average. based of of at slide, four-point the as revenues
end percent the working point the as capital compared last the year-end time revenue to XXXX, was year. same at However, a lower in of of
committed we use of efficient to effective As remain and capital. always, working an
and of flow continue will velocity We available in asset capital, increasing to opportunities working evaluate to cash increase minimize turnover. the investments
a I over Dave outlook. now it will full hand year our back to view for XXXX on
