Brief: Signify Q4 Sales Below Estimates, To Cut 900 Jobs

Signify

30/01/2026 06:09

Jan 30 (Reuters) - Signify NV LIGHT.AS:

SIGNIFY Q4 FREE CASH FLOW EUR 291 MILLION

SIGNIFY Q4 SALES EUR 1,492 MILLION VERSUS. ESTIMATE EUR 1,533 MILLION

SIGNIFY OUTLOOK FY ADJUSTED EBITA MARGIN 7.5-8.5%

SIGNIFY Q4 NET INCOME EUR 60 MILLION VERSUS. ESTIMATE EUR 81 MILLION

PROPOSAL FOR CASH DIVIDEND OF EUR 1.57 PER SHARE OVER 2025

INITIATES A COST REDUCTION PROGRAM OF EUR 180 MILLION

TO PAUSE SHARE REPURCHASES DURING STRATEGY REVIEW

MAJORITY OF SAVINGS WILL BE DELIVERED THROUGH 2026, WITH FULL BENEFIT REALIZED IN 2027

NOT PROVIDING GUIDANCE ON FULL-YEAR SALES AT THIS STAGE

OUTLOOK 2026: FREE CASH FLOW GENERATION OF 6.5-7.5% OF SALES

RESETTING COST BASE WILL IMPACT 900 ROLES ACROSS SIGNIFY

Source text: ID:nGNEZWYNw

Further company coverage: LIGHT.AS

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))