In today’s briefing:
- Acuity Brands: The Intelligent Spaces Expansion & Other Major Drivers
Acuity Brands: The Intelligent Spaces Expansion & Other Major Drivers
- Acuity Brands, a prominent player in the lighting and building management industry, reported a solid performance for its fiscal 2024 fourth quarter and full year, showcasing both growth and strategic progress.
- The company’s net sales reached $1 billion in the fourth quarter, marking a 2% year-over-year increase, driven by gains in its Lighting and Intelligent Spaces businesses.
- This growth is attributed to their strong product vitality and strategic pricing, helping to manage costs effectively.
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