ACUITY INC, - AYI STOCK NEWS

The Board of Directors of Acuity Brands (NYSE: AYI) has declared a quarterly dividend of 13 cents per share.

This dividend is payable on May 3, 2021, to shareholders of record on April 16, 2021.

Acuity Brands continues to focus on innovative product development to drive growth and improve market share across its segments.

Acuity Brands, Inc. (NYSE: AYI) announced plans to release its fiscal 2021 second-quarter earnings results on March 31, 2021, at 8:00 a.m. ET, followed by a conference call at 10:00 a.m. ET led by CEO Neil M. Ashe. The earnings release and call can be accessed via the Investor Relations section of their website. Acuity Brands is recognized as a market leader in industrial technology, focusing on innovative products and services that enhance productivity and connectivity. The company operates globally with approximately 11,000 employees.

Acuity Brands (NYSE: AYI) has appointed Trevor Palmer as President of its lighting and lighting controls business, effective March 1, 2021. With over 27 years in the building technology sector, Palmer will focus on driving innovation, growing market share, and executing digital transformation. His leadership is expected to enhance the company's performance and deepen engagement with their Independent Sales Network. Richard Reece is promoted to Executive VP and Vice Chairman of ABL, supporting Palmer in the business transitions.

PURO UV Disinfection Lighting, utilizing Violet Defense® technology, reported a significant achievement in 2020, marked by a 1,500% sales growth in the US. The company has forged strategic partnerships, including a new alliance with Acuity Brands (NYSE: AYI), enhancing access to patented UV technology. An independent research study confirmed that PURO units are 99.99% effective against the SARS-CoV-2 virus, reinforcing their market leadership. PURO offers various products, including Helo units and Sentry mobile units, utilized across diverse sectors such as healthcare and hospitality.

Acuity Brands (AYI) reported Q1 fiscal 2021 results with net sales of $792 million, a 5.1% decrease year-over-year. Despite this, net income rose by 4.6% to $60 million, and diluted EPS increased by 9.0% to $1.57. The company generated $113 million in free cash flow and repurchased 2.6 million shares for $255 million. Operating profit margin improved to 10.8% while adjusted operating profit declined to 13.2%. Executive Neil Ashe emphasized ongoing investments and cautious optimism amid pandemic challenges.

The Board of Directors of Acuity Brands (NYSE: AYI) announced a quarterly dividend of 13 cents per share. This dividend will be payable on February 1, 2021 to shareholders on record as of January 20, 2021.

Acuity Brands is a leading industrial technology company providing innovative products and services in building management systems, lighting, and controls. The company operates across North America, Europe, and Asia, employing around 11,000 associates.

Acuity Brands, Inc. (NYSE: AYI) will host a conference call on January 7, 2021, at 10:00 a.m. EST to discuss its first quarter performance for fiscal 2021. CEO Neil M. Ashe will lead the call following the release of the results earlier that day. The call will be available via a live webcast on the company's website, and a replay will be posted shortly after the call concludes. Acuity Brands is an innovative industrial technology company, focusing on products such as building management systems and lighting solutions.

Acuity Brands (NYSE: AYI) released its 2020 Environmental, Social and Governance (ESG) report, highlighting the company's EarthLIGHT program. The report outlines significant energy and carbon savings, including a potential 13.3 billion kWh energy savings for customers, equivalent to the output of 2.4 coal-fired power plants. The company also removed an estimated 6,535 metric tons of carbon emissions. Acuity Brands adapted operations during COVID-19, providing PPE and promoting remote work for associates, underscoring its commitment to community engagement and transparency.

Acuity Brands (NYSE: AYI) announced the appointment of Candace Steele Flippin as Chief Communications Officer, enhancing its leadership team. Flippin is tasked with shaping the company's global communications strategy, overseeing corporate communications, media relations, and brand management. She joins from First Horizon National Corporation, where she led significant branding and corporate responsibility initiatives. Flippin's extensive background includes roles at St. Jude Medical and Abbott Laboratories. She holds degrees from Case Western Reserve University and Johns Hopkins University.