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Light maker Signifys Q1 core earnings beat on strong demand
Abstract:AMSTERDAM (Reuters) – Signify, the world‘s biggest maker of lights, beat analysts’ expectations on Friday with a jump of 9% in first-quarter core earnings to 187 million euros ($197 million), as sales growth outweighed persistent supply chain problems.
div classBodysc17zpet90 cdBBJodivpAMSTERDAM Reuters – Signify, the world‘s biggest maker of lights, beat analysts’ expectations on Friday with a jump of 9 in firstquarter core earnings to 187 million euros 197 million, as sales growth outweighed persistent supply chain problems.p
pAnalysts in a companycompiled poll had predicted average adjusted earnings before interest, taxes and amortisation EBITA to remain roughly stable in the JanuaryMarch period, at 173 million euros.pdivdivdiv classBodysc17zpet90 cdBBJodiv
p10.9505 eurosp
p
pp Reporting by Bart Meijer Editing by Clarence Fernandezp
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