Trade Acuity Brands Inc - AYI CFD

Acuity Brands Company profile

About Acuity Brands, Inc.

Acuity Brands, Inc. is an industrial technology company. The Company is focused on developing, manufacturing, and marketing products and services, including building management systems, lighting, lighting controls, and location-aware applications. The Company operates through two segments: Acuity Brands Lighting and Lighting Controls (ABL) and Intelligent Spaces Group (ISG). ABL offers devices such as luminaires, lighting controls, power supplies, prismatic skylights, and drivers, as well as integrated systems designed to optimize energy efficiency and comfort for various indoor and outdoor applications. ISG offers building management systems and location-aware applications and sells predominantly through system integrators. Its building management system includes Distech Controls products for controlling heating, ventilation, and air conditioning (HVAC), lighting, shades, and access control that deliver end-to-end optimization of those building systems.

Financial summary

BRIEF: For the three months ended 30 November 2021, Acuity Brands, Inc. revenues increased 17% to $926.1M. Net income increased 47% to $87.6M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Miscellaneous expense, net decrease of 81% to $300K (expense), Interest income increase of 50% to $300K (income). Dividend per share remained flat at $0.13.

Equity composition

Common Stock $.01 Par, 02/11, 500M auth., 50,859,487 issd., less 8,254,755 shs. in Treas. @ $352.8M. Insiders & stakeholders own 0.62%. 12/3/01, 43,056,131 issd. in a spin-off from National Service Industries, Inc. Basis: 1-for-1.