Signify Reports Solid Q1 2025 Earnings
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2 Articles
Change at the top of lighting company Signify as European sales falter
Financial Director Željko Kosanović is temporarily moving up to the top position at Signify. He succeeds Eric Rondolat, who is stepping down after a decade. The change of management coincides with quarterly figures in which sales were under pressure, mainly due to persistent weakness in Europe.
Signify Reports Solid Q1 2025 Earnings
Signify Reports Solid Q1 2025 Results with Strong Growth in Connected Lighting and Sustainability Milestones Signify reported first-quarter 2025 results that reflect continued operational strength and progress in sustainability, despite market volatility and macroeconomic headwinds. The company posted sales of €1.448 billion, a slight nominal decline of 1.3%, and a comparable sales decline (CSG) of 2.8%, compared to Q1 2024. Despite these declin…
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