Question · Q3 2026
Matthew Dunn inquired about the drivers behind the success in the distribution segment and its future growth potential. He also sought to understand the current revenue contribution and long-term opportunity of the electrical infrastructure business.
Answer
CEO Sally Washlow attributed distribution segment success to expanding customer relationships, an enlarged sales team, and developing products based on customer requests, expecting further engagement. Regarding electrical infrastructure, CEO Sally Washlow explained that revenue is evolving from traditional product sales, often stemming from expansions of existing installation jobs with seven-figure scopes, but a hard revenue number is not yet available as it's still being built. CFO Per Brodin added that some wins are from overall jobs and lighting project expansions, with recognition expected in Q4 and fiscal 2027, making it difficult to size currently.
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