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Signify NV (LIGHT.AS)

LIGHT.AS on Amsterdam Stock Exchange

11 Dec 2018
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Fri, Oct 26 2018

UPDATE 1-Lighting maker Signify Q3 core profit rises as cost cuts offset sales decline

AMSTERDAM, Oct 26 Dutch lighting maker Signify said third-quarter core profit rose 8 percent to 191 million euros ($217.1 million) due to cost cuts, beating analyst expectations, offsetting an ongoing decline in sales.

Signify beats expectations with 8 pct rise in Q3 core profit

AMSTERDAM, Oct 26 Dutch lighting maker Signify reported on Friday an 8 percent rise in third-quarter core profit to 191 million euros ($217.1 million), beating analyst expectations as it managed to cut down costs.

Signify shares rally as share buybacks outweigh cut in outlook

AMSTERDAM Dutch lighting maker Signify will double its share buyback programme this year to 300 million euros (£266.45 million), the former Philips Lighting announced on Friday, sending its shares higher despite a fall in sales and a cut in its outlook.

UPDATE 2-Signify shares rally as share buybacks outweigh cut in outlook

* Signify shares rise 8 pct after sharp drop in first half of 2018 (Adds share price and analyst reaction, more detail on Q2 results, CEO quotes)

Dutch lighting maker Signify cuts 2018 sales outlook

AMSTERDAM, July 27 Signify, the Dutch lighting maker formerly known as Philips Lighting, cut its sales outlook for this year on Friday, saying market conditions remained challenging after a slow start to the year.

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