Signify Reports Sharp Profit Drop Amid Weak Demand

Philips lighting spin-off Signify announced a significant drop in profits, attributing it to weaker demand and challenging market conditions expected to persist throughout the year.

27 Apr, 15:13 — 27 Apr, 15:13

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nl-timesMostly Factual121d ago

Philips lighting spin-off Signify reports sharp profit drop on weak demand

Signify, the lighting manufacturer from Eindhoven, is expecting difficult market conditions to continue through the rest of the year as it grapples with weaker demand and the impact of U.S.

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Signify Reports Sharp Profit Drop Amid Weak Demand

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Philips lighting spin-off Signify reports sharp profit drop on weak demand

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