Light fades for Signify as weak FY drags shares towards worst day since IPO

Signify

30/01/2026 09:38

** Stock drops 15% to the bottom of the European Stoxx .STOXX index, heading for its worst trading day ever

** The lightmaker published full year earnings that missed market expectations along with a disappointing 2026 outlook

** Brokerage Degroof Petercam notes weak demand in Europe and intense pressure from Chinese competitors are weighing heavily on margins

** ING highlights a 17% adjusted EBITA shortfall versus expectations, describing the results as the weakest since the company's IPO in 2016, with a concerning margin drop to 10.0%

** UBS labels the Q4 miss and downgraded FY26 guidance "disappointing," especially in light of recent cost-saving measures, adding that the new forecasts fall materially short of expectations

 (Reporting by Leo Marchandon in Gdansk)

 ((Leo.marchandon@thomsonreuters.com))