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Article: Acuity Brands Reports Third Quarter Results.(Financial report)
- Article from:
- Mergers & Acquisitions Week
- Article date:
- July 22, 2009
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Acuity Brands, Inc. (NYSE: AYI) announced results for the third quarter of fiscal 2009, including net sales of $396.6 million, a decline of 23 percent compared with $512.4 million for the year-ago period. Recent acquisitions represented approximately two percent of net sales in the third quarter of fiscal 2009. As a result of the stronger dollar, the translation impact on international sales reduced fiscal 2009 third quarter net sales by approximately two percentage points as compared with the prior year period. Operating profit for the third quarter of fiscal 2009 was $41.5 million, or 10.5 percent of net sales, compared with $71.7 million, or 14.0 percent of net sales, ...
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