Signify's first-quarter adjusted core earnings miss forecast

Signify

26/04/2024 06:07

April 26 (Reuters) - Signify  LIGHT.AS , the world's
biggest maker of lights, reported on Friday a first-quarter
adjusted core profit that missed expectations, hit by a sales
decline and soft demand in China.
    Adjusted earnings before interest, taxes and amortisation
(EBITA) was 122 million euros  ($130.78 million), falling short
of the 131 million expected on average by analysts in a
company-compiled consensus.
($1 = 0.9328 euros)

 (Reporting by Olivier Sorgho; Editing by Jamie Freed)
 ((Olivier.Sorgho@thomsonreuters.com;))