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Signify NV (LIGHT.AS)

LIGHT.AS on Amsterdam Stock Exchange

27.22EUR
18 Apr 2019
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€0.08 (+0.29%)
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Latest Key Developments (Source: Significant Developments)

Signify Is Working With Over 30 Customers To Pilot LiFi
Thursday, 21 Feb 2019 

Feb 21 (Reuters) - SIGNIFY NV ::IS WORKING WITH MORE THAN 30 CUSTOMERS IN EUROPE, NORTH AMERICA AND ASIA TO PILOT LIGHT FIDELITY (LIFI).  Full Article

Signify Completes Cancellation Of 9.7 Million Shares
Monday, 31 Dec 2018 

Dec 31 (Reuters) - SIGNIFY NV ::REG-SIGNIFY COMPLETES CANCELLATION OF 9.7 MILLION SHARES.  Full Article

Eurofins Scientific Concludes Outsourcing Agreement With Signify
Wednesday, 5 Dec 2018 

Dec 5 (Reuters) - EUROFINS SCIENTIFIC SE ::EUROFINS EXPANDS ITS FOOTPRINT IN ADVANCED MATERIALS SCIENCES THROUGH AN OUTSOURCING AGREEMENT WITH SIGNIFY.OUTSOURCING AGREEMENT IN COMBINATION WITH AN EXCLUSIVE 3-YEAR SUPPLY AGREEMENT WITH SIGNIFY.AGREEMENT TO OUTSOURCE SIGNIFY’S LIGHTING’S MATERIALS ANALYSIS AND RELIABILITY LABORATORY LOCATED IN NETHERLANDS.AGREEMENT PROVIDES EUROFINS WITH ENTRY INTO HIGH POTENTIAL NORTH EUROPEAN ADVANCED MATERIALS SCIENCES MARKET - CEO.  Full Article

Signify Reports Third Quarter Sales Of EUR 1.6 Billion
Friday, 26 Oct 2018 

Oct 26 (Reuters) - Signify Nv ::SIGNIFY REPORTS THIRD QUARTER SALES OF EUR 1.6 BILLION, IMPROVEMENT IN OPERATIONAL PROFITABILITY BY 150 BPS TO 12.0% AND FREE CASH FLOW TO EUR 64 MILLION.COMPANY EXPECTS ITS COMPARABLE SALES GROWTH IN SECOND HALF OF YEAR TO BE SIMILAR TO FIRST HALF..Q3 REUTERS POLL: SALES EUR 1.61 BILLION, ADJUSTED EBITA EUR 173 MILLION, NET INCOME EUR 79 MILLION.Q3 FREE CASH FLOW OF EUR 64 MILLION (Q3 2017: EUR -5 MILLION INCLUDING EUR 21 MILLION REAL ESTATE PROCEEDS).WORKING CAPITAL IMPROVED BY 240 BASIS POINTS TO 10.1% OF SALES.Q3 SALES OF EUR 1,594 MILLION; A COMPARABLE SALES GROWTH OF -3.2%.Q3 LED-BASED SALES REPRESENTED 70% OF TOTAL SALES (Q3 2017: 68%) AND GREW BY 0.1% ON A COMPARABLE BASIS.Q3 NET INCOME OF EUR 93 MILLION (Q3 2017: EUR 110 MILLION INCLUDING A NET REAL ESTATE GAIN OF EUR 21 MILLION), WITH EUR 8 MILLION HIGHER RESTRUCTURING COSTS COMPARED WITH LAST YEAR.FOR FY REMAINS CONFIDENT THAT IT WILL BE ABLE TO IMPROVE ADJUSTED EBITA MARGIN TO LOWER END OF 10.0-10.5% RANGE..CONTINUES TO EXPECT TO GENERATE A SOLID FREE CASH FLOW IN 2018,.Q3 ADJUSTED. EBITA MARGIN OF 12.0% (Q3 2017: 10.5%), INCLUDING A CURRENCY IMPACT OF -60 BASIS POINTS.IN Q3 CURRENCY COMPARABLE ADJUSTED. INDIRECT COSTS DOWN EUR 58 MILLION, A REDUCTION OF 11%, OR 260 BASIS POINTS OF SALES.Q3 ADJUSTED. EBITA OF EUR 191 MILLION (Q3 2017: EUR 176 MILLION), IMPACTED BY CURRENCY EFFECTS OF EUR -14 MILLION.  Full Article

Signify Says It Will Not Deliver Positive FY Comparable Sales Growth
Friday, 27 Jul 2018 

July 27 (Reuters) - SIGNIFY NV ::REG-SIGNIFY'S SECOND QUARTER & HALF YEAR RESULTS 2018.Q2 NET INCOME OF EUR 29 MILLION (Q2 2017: EUR 73 MILLION).SIGNIFY HAS DECIDED TO REVISE ITS SALES OUTLOOK FOR 2018..Q2 SALES OF EUR 1,537 MILLION; A COMPARABLE DECREASE OF 3.4%.COMPANY EXPECTS ITS COMPARABLE SALES GROWTH IN SECOND HALF TO IMPROVE COMPARED WITH FIRST HALF.Q2 SALES OF EUR 1,537 MILLION; A COMPARABLE DECREASE OF 3.4%.HOWEVER, IMPROVEMENT IS NOT EXPECTED TO BE SUFFICIENT TO DELIVER POSITIVE COMPARABLE SALES GROWTH FOR FULL YEAR..WE HAVE DECIDED TO REVISE OUR SALES OUTLOOK FOR YEAR -CEO.Q2 ADJUSTED. EBITA OF EUR 130 MILLION (Q2 2017: EUR 159 MILLION), IMPACTED BY CURRENCY EFFECTS OF EUR -22 MILLION.MAINTAINS ITS EARLIER OUTLOOK TO IMPROVE ADJUSTED EBITA MARGIN FROM 9.6% IN 2017 TO 10.0-10.5% IN 2018.Q2 ADJUSTED. EBITA MARGIN OF 8.4% (Q2 2017: 9.4%), INCLUDING A CURRENCY IMPACT OF -80 BASIS POINTS.WE EXPECT OUR SALES GROWTH PERFORMANCE TO IMPROVE IN SECOND HALF, BUT THIS WILL NOT BE ENOUGH TO DELIVER POSITIVE COMPARABLE SALES GROWTH FOR FULL YEAR -CEO.WE CONFIRM OUR PROFITABILITY AND CASH FLOW OUTLOOK FOR YEAR -CEO.CONTINUES TO EXPECT TO GENERATE A SOLID FREE CASH FLOW IN 2018, WHICH WILL BE SOMEWHAT LOWER THAN LEVEL IN 2017.MAINTAINS ITS EARLIER OUTLOOK TO IMPROVE ADJUSTED EBITA MARGIN FROM 9.6% IN 2017 TO 10.0-10.5% IN 2018, ALBEIT AT LOWER END OF RANGE..Q2 REUTERS POLL: SALES EUR 1.56 BLN; ADJ. EBITA EUR 133 MLN; NET INCOME EUR 42.3 MLN.  Full Article

Signify Signs Deal With Agro-Inwest
Monday, 4 Jun 2018 

June 4 (Reuters) - Signify Nv ::IGNS DEAL WITH AGRO-INWEST.DEAL TO MORE THAN DOUBLE SIZE OF LED HORTICULTURAL LIGHTING PROJECT TO 68.5 HECTARES.SIGNS (NOT IGNS) DEAL WITH AGRO-INWEST.  Full Article

Philips Lighting Q1 Sales down at 1.5 Billion Euros
Thursday, 26 Apr 2018 

April 26 (Reuters) - PHILIPS LIGHTING NV ::REG-PHILIPS LIGHTING REPORTS FIRST QUARTER SALES OF EUR 1.5 BILLION AND OPERATIONAL PROFITABILITY OF 7%.Q1 NET INCOME OF EUR 20 MILLION (Q1 2017: EUR 61 MILLION).Q1 SALES EUR 1.5 BILLION VERSUS EUR 1.57 BILLION IN REUTERS POLL.FOR 2018 WE AIM TO IMPROVE OUR ADJUSTED EBITA MARGIN FROM 9.6% TO 10.0-10.5%.Q1 ADJUSTED EBITA EUR 106 MILLION VERSUS EUR 129 MILLION IN REUTERS POLL.EXPECT TO BENEFIT FROM HIGHER SAVINGS AS OF SECOND HALF OF 2018.AIM TO DELIVER POSITIVE COMPARABLE SALES GROWTH FOR FULL YEAR ON BASIS OF A STRONG SECOND HALF.EXPECT TO GENERATE SOLID FREE CASH FLOW IN 2018.SOLID FREE CASH FLOW IN 2018, WHICH IS, HOWEVER, EXPECTED TO BE SOMEWHAT LOWER THAN LEVEL IN 2017 DUE TO HIGHER RESTRUCTURING PAYMENTS..  Full Article

Philips Lighting Announces Intention To Change Company Name To Signify
Friday, 16 Mar 2018 

March 16 (Reuters) - PHILIPS LIGHTING NV ::PHILIPS LIGHTING ANNOUNCES INTENTION TO CHANGE COMPANY NAME TO SIGNIFY WHILE KEEPING THE PHILIPS BRAND FOR ITS PRODUCTS.‍COMPANY WILL CONTINUE TO USE PHILIPS BRAND UNDER EXISTING LICENSING AGREEMENT WITH ROYAL PHILIPS​.  Full Article

Bookrunner Says Koninklijke Philips Completed Sale Of 16.22 Mln Shares In Philips Lighting At 32.10 Euros Per Share‍​
Tuesday, 27 Feb 2018 

Feb 26 (Reuters) - :BLOCK TRADE - PHILIPS LIGHTING NV - BOOKRUNNER SAYS KONINKLIJKE PHILIPS COMPLETED SALE OF 16.22 MILLION SHARES IN PHILIPS LIGHTING AT EUR 32.10 PER SHARE‍​.  Full Article

Bookrunner Says Orders Below 32.10 Euros Per Share For Philips Lighting Secondary ABO Expected To Miss Transaction
Monday, 26 Feb 2018 

Feb 26 (Reuters) - :BLOCK TRADE - PHILIPS LIGHTING : BOOKRUNNER SAYS ORDERS BELOW EUR 32.10/SHARE EXPECTED TO MISS TRANSACTION; LIMIT CHANGES POSSIBLE UNTIL 20.30 UK TIME‍​.  Full Article

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Lighting maker Signify fourth-quarter earnings beat, sees steady margins

AMSTERDAM Signify, the world's largest maker of lights, on Friday reported a better-than-expected rise in fourth-quarter core earnings, despite falling sales, and retained its margin forecast for 2019.