Signify NV (GB:0RHI) has released an update.
Signify NV has released its updated financial figures for 2023 and the first quarter of 2024, showcasing the performance of its new verticalized business structure with full P&L accountability across four sectors. The Professional and Consumer businesses showed varied EBITA margins, with the Consumer segment improving in Q1 2024. Central costs have been reallocated, impacting the ‘Other’ category, which saw a significant reduction in adjusted EBITA losses.
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