Signify Reports 4.4% Sales Drop as Dollar and Yuan Depreciate
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5 Articles
Lighting manufacturer Signify saw its revenue decline in the second quarter of 2025. Net profit also decreased, partly due to negative exchange rate effects. The company maintains its expectations for the full year.
Dollar Weakness, but More Yuan Weakness
The dollar’s drop this year has received justified attention, falling eight percent through June 30 on a broad index and a bit more versus major currencies. A long-term driving force could be continued unstable Trump administration policies undermining confidence. Eroding US commitment to the trading system brings to mind replacements for the dollar. But a touted candidate, the Chinese yuan, is also seeing erosion. There are the conventional mea…
Signify Reports 2nd Quarter; Nominal Sales Decrease 4.4%
Signify reports second quarter sales of EUR 1.4 billion, operational profitability of 7.8% and a free cash flow of EUR 36 million Second quarter 2025: Signify’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 of EUR 1,418 million; nominal sales of -4.4% Comparable Sales Growth of -1.4%; 0.8% growth excluding the Convent…
Lighting manufacturer Signify saw its revenue decline in the second quarter of 2025. Net profit also declined, partly due to negative exchange rate effects. The former Philips lighting division cited "volatile market conditions" in the past quarter, which saw US President Donald Trump announce his high import tariffs. The company is maintaining its expectations for the full year.
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