Brief: Signify Reports Q3 Sales Of EUR 1.5 Bln

Signify

25/10/2024 06:10

Oct 25 (Reuters) - Signify NV  LIGHT.AS :
    * SIGNIFY REPORTS THIRD QUARTER SALES OF EUR 1.5 BILLION,
OPERATIONAL PROFITABILITY OF 10.5% AND A FREE CASH FLOW OF EUR
119 MILLION
    * Q3 ADJUSTED. EBITA MARGIN OF 10.5% (Q3 23: 10.7%)
    * Q3 NET INCOME OF EUR 108 MILLION (Q3 23: EUR 83 MILLION)
    * Q3 FREE CASH FLOW OF EUR 119 MILLION (Q3 23: EUR 152
MILLION)
    * CONFIRM OUR GUIDANCE FOR ADJUSTED EBITA MARGIN AT LOWER
END OF
10.0-10.5% RANGE AND FREE CASH FLOW GENERATION OF 6-7% OF SALES
FOR 2024

Source text for Eikon:  ID:nGNE5bkYfW 
Further company coverage:  LIGHT.AS 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))