Signify's first-quarter sales fall due to weak US dollar

Signify NV

24/04/2026 06:14

April 24 (Reuters) - The world's biggest lighting maker Signify LIGHT.AS reported a 12% drop in its quarterly nominal sales to 1.27 billion euros ($1.48 billion) on Friday, dragged by currency effects related to the depreciation of the U.S. dollar.

The Dutch company confirmed its full-year guidance for a core profit margin of between 7.5% and 8%, but declined to provide a sales forecast.

($1 = 0.8563 euros)

(Reporting by Leo Marchandon in Gdansk, editing by Milla Nissi-Prussak)

((leo.marchandon@thomsonreuters.com))