Signify reported a challenging third quarter of 2025, with nominal sales down 8.4% to EUR 1.407 billion, impacted by price pressures and soft demand in key markets, while connected and specialty lighting segments showed resilience.
- Installed base of connected light points grew by 17.6% year-over-year to EUR 160 million.
- Comparable sales declined by 3.9%, reflecting weaker performance in Europe's Professional business and OEM sectors.
- Net income fell to EUR 76 million, influenced by lower operational income and increased tax expenses.
- Free cash flow remained positive at EUR 71 million, demonstrating operational cash generation amidst market challenges.
- Significant growth in the consumer segment, particularly in India, supported by the successful launch of new Philips Hue products.
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