2023-07-28

Signify reports second quarter sales of EUR 1.6 billion, operational profitability of 8.3% and a free cash flow of EUR 88 million

Second quarter 2023¹ Signify's installed base of connected light points increased from 117 million in Q1 23 to 119 million in Q2 23 On track for all Brighter Lives, Better World 2025 sustainability program commitments Sales of EUR 1,644 million; nominal sales decline of -10.5% and CSG of -8.6% LED-based sales represented 84% of total sales (Q2 22: 84%) Adj. EBITA margin of 8.3% (Q2 22: 9.5%) Net income of EUR 45 million (Q2 22: EUR 248 million) Free cash flow of EUR 88 million (Q2 22: EUR 135 million) Eindho...
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The Fighting Illini turned to Daktronics (NASDAQ-DAKT) of Brookings, South Dakota, to design, manufacture and install the largest main video display in college football, totaling 17,300+ square feet. The project includes 16 LED displays that c... READ MORE

Since January 1, 2026, drivers in Spain have been required to carry certified V16 warning lights on expressways and highways, which are directly connected to the traffic authorities when in use. With the LEDguardian ROAD FLARE Signal V16 IoT, ... READ MORE