Acuity Inc. · NYSE:AYI
Acuity — Acuity Brands — Investor Presentation (November 2007)
13 slides from Acuity's investor presentation, Nov 9, 2007
Slide 1: Acuity Brands Strategic Clarity
“AcuityBrands Strategic Clarity FY 2007 Net Sales $2.53 Billion a AST Markets Construction | Cleaning Products Fixtures Chemicals Customers Contractors, | End-Users Specifiers, Distributors Sales Model | Agents, Direct Direct
Slide 2: Consolidated Results
SAcuityBrands Consolidated Results 2007 A Net sales $2.53B 6% Operating profit % 0.2%) 200bps EPS $3.37 > Free cash flow 204m) 61% Dividend $26M (4%) 14am) Debt, net of cash (47%) Return on equity 24% 400bps Free cash flow is defined as cash provided by operations less capital expenditures.
Slide 3: Historical Proformas
SAcuityBrands Historical Proformas ($Millions, except Diluted EPS) Net Sales Operating Profit & Margins Diluted EPS 1,965 aon sie ae cee $1,638 167% ha 12.4%) Margin $152 a= $1.75 +218% | $0.55 05 “06 ‘07 "06 07 "05 06 ‘07 Note: Historical Proformas exclude operating results from specialty chemicals
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Slide 5: ABL Profile
SAcuityBrands ABL Profile / nn 2007 2006 2005 YM Net Sales: $1.96B $1.84B $1.64B HOLOPHANE Operating Profit: $251M $181M $95M a gotham’ OP Margin: 12.8% 9.9% 5.8% HYORGL) ANTIQUE” Mfg Facilities: 17 Street Lamps AELE Agencies: 160+ se Customers: 5,000 ane Products: 500,000 Active Products Re Optics
Slide 6: Indoor Products
SAcuityBrands Indoor Products a Fluorescent Downlighting Track Lighting Emergency H.I.D. Rough Service Flexible Wiring Controls Retrofit
Slide 7: Outdoor Products
“SAcuityBrands. Outdoor Products Area & Parking Roadway & Street Flood Lighting Security Sports High-Mast Building Mounted Poles & Post In-grade Underwater Accent & Border Controls
Slide 8: N.A. Market Overview
SAcuityBrands N.A. Market Overview ($ billions) $10.6 Billion Product Segments Channels Emergency, Controls and i +, Other Direct/Nat'l Modular Wiring Acts $0.2 Utilities Industrial Lighting Showrooms $1.7 Architectural stl Indoor and centers \ Other 4 $1.9 2 Residential Fluorescent Electrical Whole
Slide 9: Positive AIA Billings Index
• Positive AlA Billings Index • Stable office vacancy rates • Solid leasing/rental income fundamentals for commercial real estate • Low unemployment • Low interest rate environment
Slide 10: Market Overview
SAcuityBrands Market Overview U.S. Private Construction Index Through September 2007 (inflation Adjusted) Residential Non-Residential 1993 1995 1997 1999 2001 2003 2005 2007
Slide 11: N.A. Market Overview
SAcuityBrands. N.A. Market Overview Non-Residential Lighting Market Growth Trends ' | Frew — Fr2010Fra0tt
Slide 12: Profitable Growth Strategy
SAcuityBrands Profitable Growth Strategy Strategic Opportunities Organic Growth Operating Excellence «3 C's” Expand Earnings and Cash Flow Grow Market Share
Slide 13: ANTIQUE ic
SAcuityBrands. ANTIQUE ic Gas ><... W Optics" @gothar PEERLESS | mark architectural lighting’ i Synergy"
Acuity Brands — Investor Presentation (November 2007) on 6ix