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Signify beats profit expectations helped by US tariff refund

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Lighting Company Signify Receives 28 Million in Levies Back From the Trump Administration.

Lighting company Signify booked an accounting windfall of 28 million euros in the third quarter. Signify received that amount back from the…

20 minutes ago·Amsterdam, Netherlands (Kingdom of the)

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Reuters

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Signify beats profit expectations helped by US tariff refund

27 minutes ago·London, United Kingdom

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Reformatorisch Dagblad

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Lighting Company Signify Posts Higher Profit on Lower Revenue

Lighting company Signify made a higher profit in the third quarter on lower sales. Lighting systems for the private market, in particular, sold less well. Through interventions to reduce costs and increase average sales prices, profitability increased, says CEO As Tempelman. In addition, Signify was helped by a windfall in recovering import duties in the United States.

1 hour ago·Apeldoorn, Netherlands (Kingdom of the)

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