Signify Financial Outlook and Performance slide image

Signify Financial Outlook and Performance

First quarter sales of EUR 1.5bn and operational profitability of 7% Sales (in EURM) & comparable sales growth (in %) Key observations for 1Q18 19 3.0% 1.3% -0.8% -1.8% • Weak performance in Home, most notably in the US, led to soft start • -3.5% Lamps, LED and Prof delivered solid performances Total LED-based sales increased by 5.6% Sales 1,690 1,699 1,684 1,892 1,501 1Q17 2Q17 3Q17 4Q17 1Q18 Adjusted EBITA (in EURm & as % of sales) 10.9% 10.5% 7.5% 9.4% 7.0% 127 106 159 176 207 1Q17 1Q18 2Q17 3Q17 4Q17 • Adjusted EBITA margin decreased by 50 bps to 7% Improved adjusted indirect cost base by 13% • Free cash flow of EUR -6m was higher than last year, excluding the proceeds of a real estate sale in 1Q17 Signify
View entire presentation