Brief: Signify FY Sales Up At EUR 6.1 Bln

Signify

24/01/2025 06:08

Jan 24 (Reuters) - Signify NV  LIGHT.AS :
    * SIGNIFY REPORTS FULL-YEAR SALES OF EUR 6.1 BILLION,
OPERATIONAL
PROFITABILITY OF 9.9% AND A FREE CASH FLOW OF 7.1% OF SALES;
LAUNCHES SHARE REPURCHASE PROGRAM
    * LAUNCH OF SHARE REPURCHASE PROGRAM OF UP TO EUR 150
MILLION FOR
2025 STARTING IN Q1 2025
    * LOOKING TO 2025, WE EXPECT MOMENTUM IN OUR BUSINESS WILL
BUILD
THROUGHOUT YEAR
    * WILL INCREASE DIVIDEND TO 1.56 EUR PER SHARE IN 2025
    * PLAN TO REPURCHASE EUR 350-450 MILLION OF SHARES UNTIL END
OF
2027
    * OUTLOOK 2025: LOW SINGLE DIGIT TOPLINE GROWTH FOR SIGNIFY
EXCLUDING CONVENTIONAL
    * OUTLOOK 2025: STABLE EBITA MARGIN COMPARED TO 2024
    * OUTLOOK 2025: FREE CASH FLOW GENERATION IN RANGE OF 7-8%

Source text:  ID:nGNE3hlYkF 
Further company coverage:  LIGHT.AS 

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