Neil Ashe
Acuity’s earnings are expected to fall 28-50% between FY2019 and FY2022, well under consensus, driven by volume drops and pricing pressures.
Sources doubt Neil Ashe’s ability to steer Acuity through the upcoming recession despite his digital transformation skills and motivational leadership.
Ashe’s plan to shift Acuity toward industrial technology is challenged by COVID-19 setbacks and weaker smart lighting demand, hurting volumes and margins.
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