- Language: English
- 1016 Pages
- Published: October 2012
- Region: Global
Summary: Acuity Brands Inc. Dec 11
- Published: 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.
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.
SHOW LESS READ MORE >
Acuity Brands Inc.