Brief: Signify Maintains FY Guidance

Signify

26/07/2024 06:08

July 26 (Reuters) - Signify NV  LIGHT.AS :
    * SIGNIFY REPORTS SECOND QUARTER SALES OF EUR 1.5 BILLION,
OPERATIONAL PROFITABILITY OF 7.9% AND A FREE CASH FLOW OF EUR 51
MILLION
    * MAINTAIN GUIDANCE, WITH ADJUSTED EBITA MARGIN AT LOWER END
OF
10.0-10.5%    RANGE    AND FREE CASH    FLOW GENERATION OF 6-7%
OF SALES
    * REMAIN    CAUTIOUS ON PROFESSIONAL EUROPE AND ON CHINA FOR
THE
SECOND    SEMESTER
    * EXPECT    TO SEE    POSITIVE TRACTION FOR PROFESSIONAL IN
THE
AMERICAS, AS    WELL AS THE OEM AND    CONSUMER BUSINESSES

Source text for Eikon:  ID:nGNE3XFpDg 
Further company coverage:  LIGHT.AS 

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