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LSI Industries partners with Carter and enters centralized refrigeration systems
LSI Industries has agreed a strategic partnership with the Carter Thermal Industries Group and will become the exclusive partner for Carter’s chilled display and store solutions in the US and Canada. LSI will market, manufacture, distribute and service Carter’s central refrigeration systems under a joint brand and plans to build the units at existing North American production sites. The cooperation gives LSI a capital-light market entry into centralized refrigeration systems and expands the company’s retail offering for food and other retail customers. » Plus sur de.investing.com
LSI Industries: lighting growth offsets headwinds and improves margins
LSI Industries reported Q2 2026 revenue of $147.0 million with a stable adjusted EBITDA margin of 9.1% and adjusted net income of $8.4 million. The Lighting segment grew organically by 15% to $66.7 million, significantly increased gross margin and was a major contributor to margin improvement, while Display Solutions saw declining sales. Free cash flow was strong at $23.3 million, net debt fell to $21.5 million (0.4x adjusted EBITDA) and liquidity rose markedly. Management expects Q3 2026 growth driven by high order intake and an increased backlog. » Plus sur de.investing.com
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