Signify reports full-year sales of EUR 7.5 billion, operational profitability of 10.1% and a free cash flow of EUR 445 million

Full year 20221 Fourth quarter 20221 Dividend Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, today announced the company’s fourth quarter and full-year 2022 results. “2022 was a year of exceptionally challenging conditions. The external environment grew increasingly more volatile throughout the year, leading us to adapt the company and our objectives accordingly. While…

LSI Industries Reports Fiscal 2023 Second Quarter Results and Declares Quarterly Cash Dividend

LSI Industries Reports Fiscal 2023 Second Quarter Results and Declares Quarterly Cash Dividend

January, 31 2023 CINCINNATI, January 26, 2023–(BUSINESS WIRE)–LSI Industries Inc. (Nasdaq: LYTS, or the “Company”), a leading U.S. based manufacturer of display solutions and indoor/outdoor lighting, today reported fiscal second quarter financial results for the three months ended December 31, 2022. Fiscal 2023 Second Quarter LSI delivered strong year-over-year increases in both sales and profitability…

Acuity Brands Announces Licensing Agreement with BIOS

January, 31, 2023 Acuity Brands, Inc. (NYSE: AYI) announced that its subsidiary Acuity Brands Lighting, Inc. (“Acuity Brands”) has entered into an agreement with Biological Innovations and Optimization Systems, LLC (BIOS) to participate in the BIOS ILLUMINATED™ partnership program. In connection with this agreement, BIOS will sell to Acuity Brands certain human-centric LED lighting components for…

Leviton’s $80M Investment into Network Solutions Business Unit supports Extraordinary Growth and World Class Service

Leviton’s $80M Investment into Network Solutions Business Unit supports Extraordinary Growth and World Class Service

January, 31, 2023 Leviton, a leader in electrical, lighting, and networking systems is making significant progress on its five-year, $80 million global capital investment plan for its Network Solutions business. These critical investments will increase production capacity worldwide and upgrade facility equipment further enabling product innovation. This investment also strengthens the $202 million acquisition of…

IES Forms New IES Waterloo Section in Southwest Ontario

IES Forms New IES Waterloo Section in Southwest Ontario

January 30, 2023 The Illuminating Engineering Society’s Board of Directors has approved the Society’s newest section in southwest Ontario—IES Waterloo. The IES Waterloo Section represents IES’ growing representation in the international lighting community and a demand for lighting resources and standards on a global scale. The Waterloo Section will be overseen by its local Board…

Ascot Capital Group Announces a Change in the Presidency and the Appointment of Rob Nadler as President
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Ascot Capital Group Announces a Change in the Presidency and the Appointment of Rob Nadler as President

January 18, 2023 Rob Nadler, Stanpro’s Executive Vice-President will be promoted and assume the role of President of Ascot’s “General & Emergency Lighting Group – Stanpro, AimLite & Beluce” effective June 1, 2023. Rob joined Stanpro in 2001 and was instrumental in its tremendous growth over the past 20 years, including the organic acceleration of the business, the…

Acuity Brands Announces 2023 First Fiscal Quarter Sales

Acuity Brands Announces 2023 First Fiscal Quarter Sales

Acuity Brands recently announced net sales of $997.9 million in the first quarter of fiscal 2023 ended November 30, 2022, an increase of 7.8 percent or $71.8 million, compared to the prior year. “We delivered solid results in the first quarter of fiscal 2023 as we continued to demonstrate our ability to drive sales growth through product vitality and service in both our lighting and spaces businesses.” stated Neil Ashe, Chairman, President and Chief Executive Officer of Acuity Brands, Inc.

2023 Marks the 50th Anniversary of the IA Awards

2023 Marks the 50th Anniversary of the IA Awards

The IES Illumination Awards program recognizes individuals for professionalism, ingenuity, and originality in lighting design based on the individual merit of each entry. Judges are selected from a broad professional spectrum, representing knowledge of lighting and design excellence. The judging system is entirely based on how well the lighting design meets the program criteria.

Two New Education Partners Join the Light and Health Research Center for 2023

Two New Education Partners Join the Light and Health Research Center for 2023

The Light and Health Research Center (LHRC) at the Icahn School of Medicine at Mount Sinai is pleased to announce that BrainLit, a world leader in lighting designed to enhance human health and well-being, and Vantage Lighting, a leading manufacturer of specification-grade LED lighting products including vHealth healthcare lighting, have joined the LHRC’s Lighting Education Partnership for 2023.

Illuminating Engineering Society Assumes Management of NCQLP

Illuminating Engineering Society Assumes Management of NCQLP

January 18, 2023 The Illuminating Engineering Society (IES) recently announced it has formalized an agreement with the National Council on Qualifications for the Lighting Professions (NCQLP) to assume management of their Lighting Certified (LC) examination and recertification programs, effective January 1, 2023. The two organizations share a rich history following the IES’s in-kind establishment of…

Magic Lite & EFC Release Student Scholarship

Magic Lite & EFC Release Student Scholarship

Recently, Magic Lite was thrilled to have participated in the 2022 EFC Scholarship Program and recently present the Magic Lite Future Leaders Award of $2,500 to Anthony Faustin of Sherbrook University in Montreal. As successful applicant, Anthony demonstrated leadership amongst his peers as well as in his community, and showed true entrepreneurial spirit and drive through his course selections and achievements.