Signify
Highly Engaged Employees
Highly Engaged EmployeesBuilding Materials · Netherlands · 10K+ Employees
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Overview
Headquarters
High Tech Campus 48, Eindhoven, North Br...Phone Number
+31 206091000Website
www.signify.comRevenue
$7 BillionStock Symbol
LIGHTIndustry
ZI Rank: 1
Signal Type
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ZI Rank
1
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About Signify
Signify N.V. provides lighting products, systems, and services in Europe, the Americas, and internationally. The company operates through Digital Solutions, Digital Products, and Conventional Products segments. Its LED, systems and services are used for various market segments comprising offices, commercial buildings, shops, hospitality, industry, agriculture, and outdoor environments. The company offers LED electronic components, such as LED drivers and modules to original equipment manufacturers (OEMs) for professional luminaire applications in the retail, office, industry, and outdoor segments. In addition, it produces and sells lamps based on non-LED based technologies, which comprise high intensity discharge lamps, TL, compact fluorescent, halogen, incandescent, electronic ballast and drivers, and specialty lighting products consisting of projection lighting. Signify N.V. was founded in 1891 and is based in Eindhoven, the Netherlands.Explore more
Signify Org Chart
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Financial Planning Analyst
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Financial Controller
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Financial Controller
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Financial Controller
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Financial Controller
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Financial Controller & Trade At Signify Profe...
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Far Market Financial Controller (East)
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Financial Controller
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Company Profile Activity
Activity Insights
Signify is experiencing very low activity levels compared to other companies in the Manufacturing sector.
What does this means?
Signify is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about Signify.
Signify Tech Stack
A closer look at the technologies used by Signify
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Most Recent Scoops
Earnings
Signify has reported a working capital improvement of EUR 107 million compared with the prior year, primarily driven by lower inventories and trade receivables, translating to an improvement of 120 basis points to 6.3% of sales, reflecting continued focus on disciplined working capital management.
Logistics / Supply Chain, Inventory Management, Finance, Financial Operations
Project
Signify has delivered a Connected lighting project at the newly renovated Stade Armand-Cesari in Furiani, France, featuring dynamic lighting, smart controls, architectural highlights, and 3D-printed fittings as part of its integrated stadium lighting offering. The project was completed in collaboration with a certified system integrator partner, serving as a showcase of the company's professional Europe stadium lighting capabilities.
Earnings
Signify has reported an adjusted EBITDA margin of 3% for its consumer business in the quarter, declining primarily due to lower Connected sell-in resulting in reduced fixed cost absorption, higher bill of material and input costs outpacing the timing of implemented price increases, and stronger headwinds at Klite from fixed cost undercoverage and elevated input costs. The company is implementing additional price increases and further cost reduction measures to sequentially improve consumer business profitability.
Earnings, Finance, Pricing
Earnings
Signify has reported a comparable sales decline of 12% in its OEM segment for the quarter, reflecting continued market softness particularly in Europe and the US, while the adjusted EBITDA margin was 4.6% despite ongoing headwinds in volume and input costs. Profitability continued to improve sequentially quarter-over-quarter, supported by structural actions taken to significantly lower the fixed cost base.
Earnings, Finance
Earnings
Earnings, Business Finance, Finance
Signify News & Media
S&C Wins Reversal of $100 Million Verdict Against Signify North America Corporation
Signify North America Corporation (formerly Philips Lighting) obtained the reversal of an $100 million verdict by a Connecticut Superior Court jury—the largest personal injury verdict in Connecticut’s history at the time.Philips lighting spin-off Signify reports sharp profit drop on weak demand | NL Times
Signify, the lighting manufacturer from Eindhoven, is expecting difficult market conditions to continue through the rest of the year as it grapples with weaker demand and the impact of U.S. import tariffs. The company has already announced a global restructuring plan that includes 900 job cuts worldwide, with 150 positions eliminated in the Netherlands, as part of broader cost-saving efforts following several years of major reorganizations.
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Frequently Asked Questions Regarding Signify
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Signify N.V. provides lighting products, systems, and services in Europe, the Americas, and internationally. The company operates through Digital Solutions, Digital Products, and Conventional Products segments. Its LED, systems and services are used for various market segments comprising offices, commercial buildings, shops, hospitality, industry,... Read More
