The following is a summary of the Acuity Brands, Inc. (AYI) Q1 2025 Earnings Call Transcript:

Financial Performance:

• Acuity Brands reported a solid fiscal Q1 2025 with net sales of $952 million, a 2% increase year-over-year.

• Adjusted operating profit reached $159 million, up 3% from the previous year, with an adjusted operating profit margin of 16.7%, a 20 basis point improvement.

• Adjusted diluted earnings per share rose to $3.97, increasing by $0.25 or 7% over the prior year.

Business Progress:

• Acuity Brands successfully integrated QSC, enhancing its Intelligent Spaces portfolio.

• The company launched two new products, TruWrap and the [REBL Round High-Bay], which feature switchable technology, improving inventory efficiency for distributors and providing more options for customers.

• The company received multiple awards for its innovative lighting solutions, including the GRANDS PRIX DU DESIGN Awards.

Opportunities:

• Acuity Brands plans to grow with the market, take share in Acuity Brands Lighting, and enter verticals where they have been under-penetrated to improve margins.

• New products and applications were launched at the Connect Conference, aimed at expanding Distech's presence in international markets like the UK, Asia, and Australia.

Risks:

• The gradual growth from newly acquired QSC as it integrates into Acuity's Intelligent Spaces, potentially impacting near-term profitability.

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.