Signify CEO Says 2027 To Be 'Transitional' Year For European Business

By Reuters News

- Signify N.V. LIGHT.AS:

  • PROFESSIONAL EUROPE REQUIRES TURNAROUND, 2027 WILL BE TRANSITIONAL YEAR FOR THE BUSINESS

  • WE EXPECT CARVE-IN OF OEM BUSINESS TO BE COMPLETED IN SECOND HALF OF NEXT YEAR

  • REVIEW OF RESEARCH AND DEVELOPMENT SPENDING IS NEARLY COMPLETED, WITH AIM TO IMPROVE RETURN ON RESEARCH AND DEVELOPMENT

Further company coverage: LIGHT.AS

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