Accueil > Actualité
Actualite financiere : Actualite bourse

Signify: lights dim after profit warning

( - The share of Signify, the global leader in lighting, has fallen on Thursday (-3.
3% just before noon), after the company reduced its financial targets for FY 2022.

Citing a "sharper than expected" deterioration of its business in China, due to the current health crisis in the country, the group said it expects an 8.8% LFL decline in sales in Q4.

As a result, its LFL growth forecast for FY 2022 has been reduced to 1.2%, against a previous annual target of 2% to 3%.

In terms of margins, Signify says thath it now expects a FY adjusted Ebita margin of around 10%, again below its original target of 11% to 11.4%.

Copyright (c) 2023 All rights reserved.




Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.
Indices et cours différés d’au moins 15 mn | Cotations boursières fournies par ABC Bourse.