Summary: Acuity Brands Inc. Dec 11
- ID: 2030991
- December 2011
- Standard & Poors
Standard & Poor's Ratings Services' ratings on Atlanta-based lighting products manufacturer Acuity Brands Inc. (Acuity) reflect our expectation that the company will continue to maintain its moderate financial policies, so it can continue to withstand stabilized but still soft demand conditions in U.S construction markets. The company's credit metrics are slightly better than our expectations for the rating, providing some room for any unexpected deterioration in operating performance, should weak demand or competitive pricing pressures hamper its profitability. With about $1.6 billion in sales, Acuity designs, produces, and distributes indoor and outdoor lighting fixtures and related products for industrial, infrastructure, residential, commercial, and institutional applications. We view the company's business risk profile as "satisfactory" (as defined under our criteria), reflecting...
Companies mentioned in this report are: Acuity Brands Inc.
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