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[News] Signify Reports Third Quarter Results Highlighting Progress on Strategy Execution with Sequential Strengthening of Profitability

2026-10-29 06: 08

Signify, the world leader in lighting, today announced the company’s third quarter results of 2026.


"Our third-quarter results show that we are making progress in executing our strategy to build a more focused, better performing Signify. Despite continuing market weakness, we sequentially strengthened our profitability, reflecting disciplined pricing and strong cost management.

In our Harvest portfolio, our turnaround plans are on track, with OEM and Genlyte delivering improved profitability. We are following through on our portfolio choices in the Build portfolio: accelerating growth in and beyond lighting in India, taking decisive action in our Professional Europe business, and investing in customer acquisition in Consumer, while taking steps to improve productivity. In parallel, we are focusing our R&D investments on the areas where innovation can deliver the greatest returns.

Our teams continue to execute with great agility, mitigating higher input costs and supply constraints, while advancing the changes we have set out in our strategy. Our EcoVadis Platinum rating for the seventh consecutive year, with our highest-ever score, is further recognition of the strength of our approach. We remain focused on the actions within our control: making clear portfolio choices, improving performance and maintaining resilient margins as we build a stronger Signify." said As Tempelman, CEO of Signify.

Outlook
Signify confirms its full-year adjusted EBITA margin guidance at the higher end of the 7.5–8.5% range including US tariff refunds received through the third quarter, and at the lower end excluding these refunds. Free cash flow guidance remains unchanged at 6.5–7.5% of sales.

Signify expects challenging market conditions to persist, with continued pressure in Professional Europe and softening of US project demand. Combined with a strong prior-year comparable in Consumer, fourth-quarter comparable sales growth is expected to be in line with or slightly below the third quarter.

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