Categories: Stock Market News

Signify publicizes CEO departure, posts 2024 core revenue under expectations


(Reuters) – Signify, the world’s greatest maker of lights, on Friday reported an even bigger than anticipated drop in its full-year core revenue and stated CEO Eric Rondolat would step down after the annual basic assembly in April.

The Dutch group’s adjusted earnings earlier than curiosity, taxes and amortisation (EBITA) fell 9.6% to 606 million euros ($633 million) in 2024, under analysts’ common forecast of 611 million euros seen n a company-provided consensus.

($1 = 0.9568 euros)

admin

Share
Published by
admin

Recent Posts

Taiwan shares greater at shut of commerce; Taiwan Weighted up 0.97%

Investing.com – Taiwan shares had been greater after the shut on Friday, as positive aspects…

20 seconds ago

French providers sector sees additional contraction in January

Investing.com -- The French providers sector skilled additional contraction in January attributable to weak demand…

5 minutes ago

Flipster Launches Superstars Program Amid Fast Consumer Development Globally

Panama Metropolis, Panama, January twenty fourth, 2025, Chainwire In a transfer to foster deeper connections…

10 minutes ago

J.B. Hunt director James Okay. Thompson sells $771,626 in inventory

LOWELL, Ark.—James Okay. Thompson, honorary founding director at J.B. Hunt Transport Companies Inc. (NASDAQ:JBHT), a…

15 minutes ago

Zscaler’s SWOT evaluation: cloud safety inventory poised for development amid challenges

Zscaler (NASDAQ:ZS), a number one supplier of cloud-based safety options valued at $29.63 billion, has…

30 minutes ago

Trump insurance policies prone to increase bond market’s inflation fears, prime cash managers say

By Davide Barbuscia NEW YORK (Reuters) - Large U.S. asset managers overseeing nicely over $20…

45 minutes ago