Signify reported second quarter sales of EUR 1.4 billion, operational profitability of 7.8%, and a free cash flow of EUR 36 million. The company’s installed base of connected light points increased to 156 million in Q2 25. Signify ranks 6th among Europe’s most sustainable corporations in Corporate Knights Europe 50. Sales were EUR 1,418 million with a nominal sales decline of -4.4%. Comparable Sales Growth was -1.4%, but 0.8% growth excluding the Conventional business. Adjusted EBITA margin was 7.8%, and net income was EUR 57 million. Free cash flow was EUR 36 million.
In the second quarter, Signify continued to advance its Brighter Lives, Better World 2025 sustainability program. The company is ahead of schedule to reduce greenhouse gas emissions by 40% against the 2019 baseline. Circular revenues increased to 37%, surpassing the 2025 target of 32%. Brighter lives revenues remained at 33%, exceeding the 2025 target of 32%. The percentage of women in leadership positions remained at 27%.
With a robust plan in place, Signify confirms its guidance of low single-digit growth excluding the Conventional business and a free cash flow generation of 7-8% of sales. The company adds a range to its EBITA margin guidance of 9.6 – 9.9%. CEO Željko Kosanović will host a conference call to discuss the results. The analyst presentation is available via the provided link.
Read more at GlobeNewswire: Signify reports second quarter sales of EUR 1.4 billion,
