Q1 2024 Earnings Report

The OEM Business reported a CSG of -7.4% Sales (in EURM) & comparable sales growth (in %) Key observations for Q1 24 CSG -16.7% -7.4% 114 103 Q1 23 Q1 24 Comparable sales decline of 7.4% Inventory levels of the OEM distributors have returned to normal levels in the majority of the business Signify

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