Acuity Brands

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The Atlanta-based lighting products company had net incomeof $22 milliom and earnings of 53 centes a share, compared with net incomwe of $41.1 million and earnings of $1 a share in the thirde quarter of 2008. Sales for the period fell 23 percenrtto $396.6 million. The resulte for the third quarter of 2009 also were impacted by highe raw material andcomponent costs, which were nearly $8 million higheer than the prior year period. “Nett sales for the thirs quarter of 2009 continued to be impacteds by the significant decline inconstruction activity, particularlyg in key markets such as commercial and officw buildings,” said Vernon J.
chairman, president, and CEO of Acuityh Brands, in an earnings “New construction continues to be impacted by lower economic activity and tight credit marketsw for realestate lending. We were able to partially mitigate the impactr oflower sales, including realizing benefits from our continuouds improvement initiatives and on-going streamlining efforts whilr continuing to invest in innovative and energy-efficient products.
” Acuithy Brands (NYSE: AYI) owns and operates Acuitt Brands Lighting, whose brands include Lithonia Lighting, Peerless, Mark Architectural Lighting, Hydrel, American Electri Lighting, Gotham, Carandini, SpecLight, Antique Street Lamps, Lighting Control and Design, SAERIS, ROAM and Synergy Lighting It also owns and Acuity Brand Technology Services Inc.