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Acuity Brands profit down 31%
Lighting manufacturer Acuity Brands, Atlanta, reported its financial results for the fourth quarter of fiscal 2009 this week, showing a 31 percent drop in fourth-quarter earnings. Net sales for the quarter were $422.6 million, a decline of 19 percent from the fourth quarter of 2008. Comparable shipment volume fell 17 percent. The company’s recent acquisitions contributed $15 million to its sales in the quarter “and essentially offset the negative impact from unfavorable price/mix changes,” the company said in the report.
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Electrical Marketing's LiveWire brings you breaking news, on-the-fly analysis and running commentary about the electrical products marketing channel from the editors of Electrical Marketing.
Industry Calendar
January 16-18, 2012
NAED Western Conference
Phoenix; National Association of
Electrical Distributors (NAED)
314-991-9000
www.naed.org
January 31-February 2
NAW Leadership Summit
Washington, D.C.; National Association of Wholesaler-Distributors (NAW)
202-872-0885
www.naw.org
February 1-4
2012 NEMRA Annual
San Diego; National ElectricalÂ
Manufacturers Representatives Association (NEMRA)
800-446-3672
www.nemra.org
.... More events and information
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