Q2 2025 Signify NV Earnings Call Transcript
Key Points
- Signify NV (PHPPY) increased its installed base of connected lighting points to EUR156 million by the end of Q2 2025, up from EUR136 million the previous year.
- Connected and specialty lighting now represent over one-third of total sales, showing growth in all regions and business segments.
- The Professional business returned to growth in Q2, led by strong performance in the US market.
- The Consumer business saw a comparable sales growth of 2.6%, driven by strong performance of connected home products.
- Signify NV ranked sixth overall and first in the Netherlands in Corporate Knights Europe's 50 most sustainable corporations ranking, reflecting strong sustainability performance.
- Nominal sales decreased by 4.4% to EUR1.480 million, largely due to a negative FX impact of 3%.
- Adjusted EBITA decreased by EUR8 million to EUR110 million, with the margin decreasing by 10 basis points to 7.8%.
- The OEM business faced a nominal sales decrease of 14.5% due to intense price pressure and lower orders from major customers.
- The Conventional business saw a nominal sales decrease of 28.9%, reflecting a structural decline.
- The percentage of women in leadership positions remained at 27%, not aligned with the company's 2025 ambitions.
Welcome to the Signify second quarter and half year 2025 results conference call, hosted by Zeljko Kosanovic, CFO and Interim CEO; and Thelke Gerdes, Head of Investor Relations. (Operator Instructions)
I would now like to give the floor to Thelke Gerdes. Ms. Gerdes, please go ahead.
Good morning, everyone, and welcome to Signify's earnings call for the second quarter 2025. With me today is Zeljko Kosanovic, Signify's CFO and interim CEO. During this call, Zeljko will take you through the second quarter highlights. After that, he will present the company's financial performance. And finally, we will discuss the outlook for the remainder of the year.
And after that, we will be happy to take your questions. Our press release and presentation were published at 7 this morning. Both documents are available for download from our Investor Relations website. The transcript of this earnings call will be made available as soon as possible.
And with that, I will now hand over to Zeljko.
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
