Acuity Brands
Vernon J. Nagel
CEO
Acuity Brands, Inc. (NYSE: AYI), through its subsidiaries, engages in the design, production, and distribution of lighting equipment and specialty products worldwide. The company was founded in 2001 and is based in Atlanta, Georgia.[3]
Acuity Brands has spun off its specialty chemicals business effective November 1, 2008. The new company is known as Zep Inc. and is traded on the NYSE under the ticker symbol ZEP.
Acuity Brands, Inc. (Acuity Brands), incorporated in 2001, is the parent company of Acuity Brands Lighting, Inc. (ABL), and other subsidiaries. The Company is a provider of lighting fixtures, control devices, components, systems and services for commercial and institutional, industrial, infrastructure, and residential applications for various markets throughout North America and select international markets. Acuity Brands designs, produces, and distributes a range of indoor and outdoor lighting and control systems for commercial and institutional, industrial, infrastructure, and residential applications. The Company manufactures or procures lighting products primarily in North America, Europe, and Asia. These products and related services are marketed under numerous brand names, including Lithonia Lighting, Holophane, Peerless, Mark Architectural Lighting, Hydrel, American Electric Lighting, Gotham, Carandini, Metal Optics, Antique Street Lamps, Tersen, Synergy Lighting Controls, Sensor Switch, Lighting Control & Design, and ROAM. As of August 31, 2010, the Company manufactured products in 14 plants in North America and two plants in Europe. In February 2011, the Company acquired Sunoptics.
On October 14, 2010, the Company acquired all of Winona Lighting, Inc. (Winona Lighting), a provider of architectural indoor and outdoor lighting products. On July 26, 2010, the Company acquired Renaissance Lighting, Inc. (Renaissance). Renaissance offered a range of light-emitting diode (LED)-based specification-grade downlighting luminaires and developed an intellectual property portfolio related to advanced LED optical solutions and technologies.
The Company’s customers include electrical distributors, retail home improvement centers, national accounts, electric utilities, municipalities, and lighting showrooms located in North America and select international markets serving new construction, renovation, and facility maintenance applications. In North America, the Company’s products and lighting systems are sold by independent sales agents and factory sales representatives who cover specific geographic areas and market segments. The Company operates 16 manufacturing facilities, including eight facilities in the United States, six facilities in Mexico, and two facilities in Europe.
The Company produces a variety of lighting fixtures, and related products and services used in applications, such as commercial and institutional, industrial, infrastructure, residential, and services. Commercial and Institutional includes stores, hotels, offices, schools, and hospitals, as well as other government and public buildings. Products that serve these applications include recessed, surface, and suspended lighting products, recessed downlighting, track lighting, and controls systems (occupancy sensors, photocontrols, relay panels, architectural dimming panels, and integrated controls systems), as well as special-use lighting products. The outdoor areas associated with these applications are addressed by a variety of outdoor lighting products, such as area and flood lighting, decorative site lighting, and landscape lighting.
Industrial includes highways, tunnels, airports, railway yards, and ports. Products that serve these applications include street, area, high-mast, off-set roadway, sign lighting, and integrated controls systems. Residential applications are addressed with a combination of decorative fluorescent and downlighting products, as well as utilitarian fluorescent products. Services includes monitoring and controlling of lighting systems through machine-to-machine wireless network technology for outdoor applications, as well as energy audit and turn-key labor renovation services for indoor applications in the commercial, industrial, institutional, and infrastructure markets.
The Company competes with Cooper Industries plc., Hubbell Incorporated, and Koninklijke Philips Electronics N.V.
OVERALL
Beta: 1.28
Market Cap (Mil.): $2,519.98
Shares Outstanding (Mil.): 43.31
Annual Dividend: 0.52
Yield (%): 0.89
FINANCIALS
AYI Industry Sector
P/E (TTM): 27.04 6.46 14.13
EPS (TTM): 12.14 -- --
ROI: 7.66 3.58 1.20
ROE: 12.83 5.45 2.08
Name Age Since Current Position
Nagel, Vernon 53 2005 Chairman of the Board, President, Chief Executive Officer
Reece, Richard 54 2006 Chief Financial Officer, Executive Vice President
Smith, C. Dan 45 2010 Senior Vice President, Treasurer, Secretary
Black, Mark 49 2007 Executive Vice President of Acuity Brands Lighting, Inc
Browning, Peter 69 2001 Director
Robinson, Ray 63 2001 Director
Williams, Neil 74 2001 Director
North, Julia 63 2002 Director
McCullough, Robert 68 2003 Director
Guynn, George 68 2008 Director
Harnett, Gordon 68 2009 Director
Wesley, Norman 61 2011 Director
Geographic Region Total revenue Operating Profit
Domestic $1,804,628 $243,464
International $222,016 $17,596
As the recognized leader in the lighting industry, it is our mission to deliver consistently superior value to our customers and their clients. This commitment permeates everything we do, driving us to continuously develop and improve our products and the processes to fulfill your need for quality lighting solutions.
The Acuity Brands commitment to superior lighting solutions begins with the industry’s strongest portfolio of quality products. Within our family of leading brands, you will find unequaled breadth of product to meet a wide variety of indoor and outdoor lighting creation and management needs in commercial, industrial, institutional and residential applications. At the heart of our new product development is a steadfast commitment to the development and application of innovative, new lighting technologies that improve lighting quality, improve lighting economics and enhance the overall environment through reduced energy consumption.
Our long-standing resolve is to provide superior service to our customers before and after the sale. From product selection and specification through product delivery and beyond, we are committed to providing the systems, tools and capabilities that deliver product and information when you need them. Simply put, our organization strives to be easy to do business with in everything we do.
Our people are committed to applying their unrivaled experience and lighting expertise to enhancing the overall customer experience. Combining that capability with the strength of our industry-leading agency sales force, you can count on us to support you for all your lighting needs.
Vernon J. Nagel
CEO
1170 Peachtree St. NE, Ste. 2400
Atlanta, GA 30309-7676
Vernon J. Nagel
CEO
Acuity Brands, Inc. (NYSE: AYI), through its subsidiaries, engages in the design, production, and distribution of lighting equipment and specialty products worldwide. The company was founded in 2001 and is based in Atlanta, Georgia.[3]
Acuity Brands has spun off its specialty chemicals business effective November 1, 2008. The new company is known as Zep Inc. and is traded on the NYSE under the ticker symbol ZEP.
Acuity Brands, Inc. (Acuity Brands), incorporated in 2001, is the parent company of Acuity Brands Lighting, Inc. (ABL), and other subsidiaries. The Company is a provider of lighting fixtures, control devices, components, systems and services for commercial and institutional, industrial, infrastructure, and residential applications for various markets throughout North America and select international markets. Acuity Brands designs, produces, and distributes a range of indoor and outdoor lighting and control systems for commercial and institutional, industrial, infrastructure, and residential applications. The Company manufactures or procures lighting products primarily in North America, Europe, and Asia. These products and related services are marketed under numerous brand names, including Lithonia Lighting, Holophane, Peerless, Mark Architectural Lighting, Hydrel, American Electric Lighting, Gotham, Carandini, Metal Optics, Antique Street Lamps, Tersen, Synergy Lighting Controls, Sensor Switch, Lighting Control & Design, and ROAM. As of August 31, 2010, the Company manufactured products in 14 plants in North America and two plants in Europe. In February 2011, the Company acquired Sunoptics.
On October 14, 2010, the Company acquired all of Winona Lighting, Inc. (Winona Lighting), a provider of architectural indoor and outdoor lighting products. On July 26, 2010, the Company acquired Renaissance Lighting, Inc. (Renaissance). Renaissance offered a range of light-emitting diode (LED)-based specification-grade downlighting luminaires and developed an intellectual property portfolio related to advanced LED optical solutions and technologies.
The Company’s customers include electrical distributors, retail home improvement centers, national accounts, electric utilities, municipalities, and lighting showrooms located in North America and select international markets serving new construction, renovation, and facility maintenance applications. In North America, the Company’s products and lighting systems are sold by independent sales agents and factory sales representatives who cover specific geographic areas and market segments. The Company operates 16 manufacturing facilities, including eight facilities in the United States, six facilities in Mexico, and two facilities in Europe.
The Company produces a variety of lighting fixtures, and related products and services used in applications, such as commercial and institutional, industrial, infrastructure, residential, and services. Commercial and Institutional includes stores, hotels, offices, schools, and hospitals, as well as other government and public buildings. Products that serve these applications include recessed, surface, and suspended lighting products, recessed downlighting, track lighting, and controls systems (occupancy sensors, photocontrols, relay panels, architectural dimming panels, and integrated controls systems), as well as special-use lighting products. The outdoor areas associated with these applications are addressed by a variety of outdoor lighting products, such as area and flood lighting, decorative site lighting, and landscape lighting.
Industrial includes highways, tunnels, airports, railway yards, and ports. Products that serve these applications include street, area, high-mast, off-set roadway, sign lighting, and integrated controls systems. Residential applications are addressed with a combination of decorative fluorescent and downlighting products, as well as utilitarian fluorescent products. Services includes monitoring and controlling of lighting systems through machine-to-machine wireless network technology for outdoor applications, as well as energy audit and turn-key labor renovation services for indoor applications in the commercial, industrial, institutional, and infrastructure markets.
The Company competes with Cooper Industries plc., Hubbell Incorporated, and Koninklijke Philips Electronics N.V.
OVERALL
Beta: 1.28
Market Cap (Mil.): $2,519.98
Shares Outstanding (Mil.): 43.31
Annual Dividend: 0.52
Yield (%): 0.89
FINANCIALS
AYI Industry Sector
P/E (TTM): 27.04 6.46 14.13
EPS (TTM): 12.14 -- --
ROI: 7.66 3.58 1.20
ROE: 12.83 5.45 2.08
Name Age Since Current Position
Nagel, Vernon 53 2005 Chairman of the Board, President, Chief Executive Officer
Reece, Richard 54 2006 Chief Financial Officer, Executive Vice President
Smith, C. Dan 45 2010 Senior Vice President, Treasurer, Secretary
Black, Mark 49 2007 Executive Vice President of Acuity Brands Lighting, Inc
Browning, Peter 69 2001 Director
Robinson, Ray 63 2001 Director
Williams, Neil 74 2001 Director
North, Julia 63 2002 Director
McCullough, Robert 68 2003 Director
Guynn, George 68 2008 Director
Harnett, Gordon 68 2009 Director
Wesley, Norman 61 2011 Director
Geographic Region Total revenue Operating Profit
Domestic $1,804,628 $243,464
International $222,016 $17,596
As the recognized leader in the lighting industry, it is our mission to deliver consistently superior value to our customers and their clients. This commitment permeates everything we do, driving us to continuously develop and improve our products and the processes to fulfill your need for quality lighting solutions.
The Acuity Brands commitment to superior lighting solutions begins with the industry’s strongest portfolio of quality products. Within our family of leading brands, you will find unequaled breadth of product to meet a wide variety of indoor and outdoor lighting creation and management needs in commercial, industrial, institutional and residential applications. At the heart of our new product development is a steadfast commitment to the development and application of innovative, new lighting technologies that improve lighting quality, improve lighting economics and enhance the overall environment through reduced energy consumption.
Our long-standing resolve is to provide superior service to our customers before and after the sale. From product selection and specification through product delivery and beyond, we are committed to providing the systems, tools and capabilities that deliver product and information when you need them. Simply put, our organization strives to be easy to do business with in everything we do.
Our people are committed to applying their unrivaled experience and lighting expertise to enhancing the overall customer experience. Combining that capability with the strength of our industry-leading agency sales force, you can count on us to support you for all your lighting needs.
Vernon J. Nagel
CEO
1170 Peachtree St. NE, Ste. 2400
Atlanta, GA 30309-7676
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