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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Whether it is a family summer holiday, a weekend trip with the camper or a long drive down south: for many people, the car remains the most popular means of transport for their vacation. To make sure the journey doesn’t end in a traffic ... READ MORE

Samsung Electronics has today announced it’s teamed up with Twickenham Film Studios (TFS) and award-winning Virtual Production (VP) experts Quite Brilliant (QB) that will see Samsung’s cutting-edge VP technology housed at Twickenha... READ MORE