The company announced net sales of $1 billion in the third quarter of fiscal 2023, which ended May 31.
Latest In Acuity Brands
The transaction is expected to close during the spring of 2023 when KE2 Therm will begin integrating into Distech Controls.
The industrial technology company net sales of $909.1 million for the second quarter of fiscal 2022 ended February 28.
Acuity Brands also announced on Tuesday that Peter Han, the co-founder of Rockpile Ventures, is now president of Acuity’s newly-named Intelligent Spaces Group (ISG).
The LocusLabs software platform supports navigation applications used on mobile devices, web browsers and digital displays.
Sales increased 4.4% during the first nine months.
Year-to-date sales increased 6.8% year-over-year.
Manufacturers Holophane brand revamps website for outdoor and industrial lighting products.
Company reports solid growth in fiscal fourth quarter and year-end 2018.
Infrastructure, utility projects help boost fiscal third-quarter sales.
Ed Ebrahimian to lead development of the company's smart city offerings and its outdoor IoT program.
Year-to-date sales increased 13 percent year-over-year.
Fourth-quarter sales increased 3.5 percent.
Profit improves 11.1 percent to $82.2 million for the quarter.
Second-quarter profit rose 1.2 percent to $108 million.
First-quarter profit rose 19.4 percent to $81.7 million.
Fourth-quarter sales jumped 21.9 percent.
