Signify lags third-quarter sales forecast

Signify

24/10/2025 06:05

Oct 24 (Reuters) - Dutch lighting company Signify LIGHT.AS reported an 8.4% drop in its third-quarter sales on Friday, below market expectations, citing a slower than expected U.S. market.

The world's biggest lightmaker's quarterly sales were 1.4 billion euros ($1.6 billion), while analysts had forecast them at 1.46 billion euros on average in company-compiled consensus.

($1 = 0.8575 euros)

(Reporting by Leo Marchandon and Jérôme Terroy in Gdansk; editing by Milla Nissi-Prussak)

((Leo.Marchandon@thomsonreuters.com;))