Signify Nv · EURONEXT:LIGHT
Signify Nv — Signify Nv Ord — Q2 2025 Earnings Presentation
20 slides from Signify Nv's earnings presentation, Jul 25, 2025
Slide 1: Q2 2025 results
Q2 2025 results , oor July 25, 2025
Slide 2: Forward-looking statements
Forward-looking statements This document and the related oral presentation contain, and responses to questions following the presentation may contain, forward-looking statements that reflect the intentions, beliefs or current expectations and projections of Signify N.V. (the “Company”, and together
Slide 3: Content
Content Business and operational performance Financial performance Outlook and closing remarks Q&A
Slide 4: Q2 24 Q2 25 Q3 24 Q4 24 Q1 25
-8.4% -1.4% -5.2% -2.8% -2.8% • • 1,483 1,418 1,537 1,655 1,448 Q2 24 Q2 25 Q3 24 Q4 24 Q1 25 • 7.9% 7.8% 10.5% 12.4% 8.0% • • • 118 110 161 205 116 • Q2 24 Q2 25 Q3 24 Q4 24 Q1 25
Slide 5: Q2 24 Q2 25 Q3 24 Q4 24 Q1 25 •
-8.3% 0.2% -4.1% -3.4% -1.8% • • • 959 931 995 1,036 942 Q2 24 Q2 25 Q3 24 Q4 24 Q1 25 • • 8.1% 7.4% 10.8% 10.8% 7.1% • • 78 69 108 111 67 Q2 24 Q2 25 Q3 24 Q4 24 Q1 25
Slide 6: Q2 Q2 25 Q3 24 Q4 24 Q1 25
-2.4% 2.6% -1.8% 4.0% 3.1% • • • 297 296 304 396 311 Q2 24 Q2 25 Q3 24 Q4 24 Q1 25 • 7.1% 7.4% 7.6% 17.4% 10.8% • • 21 22 23 69 34 Q2 24 Q2 25 Q3 24 Q4 24 Q1 25
Slide 7: Q2 Q2 25 Q3 24 Q4 24 Q1 25
0.1% -11.6% 0.2% -1.2% -10.7% • • • 106 90 126 103 92 Q2 24 Q2 25 Q3 24 Q4 24 Q1 25 • 10.9% 8.5% 15.2% 8.5% 4.2% • • 12 8 19 9 4 Q2 24 Q2 25 Q3 24 Q4 24 Q1 25
Slide 8: Q2 24 Q2 25 Q3 24 Q4 24 Q1 25
-27.6% -26.8% -29.4% -24.5% -23.9% • • 114 81 102 101 92 Q2 24 Q2 25 Q3 24 Q4 24 Q1 25 • 15.7% 18.6% 19.3% 19.3% 18.4% • 18 15 20 20 17 Q2 24 Q2 25 Q3 24 Q4 24 Q1 25
Slide 9: Business highlights
Business highlights Signify ranks among most sustainable corporations by Corporate Knights Helping Gothenburg to become a safer, smarter, and more sustainable city Illuminating the Tan Son Nhat Airport in Ho Chi Minh City, Vietnam with smart lighting Corporate Knights Expanding the Philips Hue ecosy
Slide 10: Brighter Lives, Better World 2025 – Q2 2025 results
Brighter Lives, Better World 2025 – Q2 2025 results Doubling our positive impact on the environment and society
Slide 11: Content
Content Business and operational performance Financial performance Outlook and closing remarks Q&A n
Slide 12: Adjusted EBITA down 10 bps to 7.8% as indirect cost savings are partly reinvested
Adjusted EBITA down I@ bps to 7.8% as indirect costs savings are partly reinvested to fuel growth momentum; robust gross margin As % of sales 7.9% Q2 24 Volume Price/Mix COGS Indirect Costs Currency Other Q2 25 12 ©ignify
Slide 13: Working capital reduced to 7.5%, led by lower inventories and receivables
Working capital reduced to 7.5%, led by lower inventories and receivables, 4Obps improvement in sales ratio In EURm / as % of sales 502 1 = _ > 7 os * -67 Q2 24 Inventories Trade & other Trade & other payables Other working Q2 25 13 receivables capital items @ignify
Slide 14: Content
Content Business and operational performance Financial performance Outlook and closing remarks Q&A 14
Slide 15: Outlook 2025
Outlook 2025 CSG: Low single digit growth (ex Conventional) Adj. EBITA margin: 9.6-4.9% Free Cash Flow: 7.0 - 8.0% of sales Share repurchase program of up to EUR I5@ million in 2025 15 ©ignify
Slide 16: Q&A
Q&A 16
Slide 17: Currency movements had a negative impact on sales and neutral on the Adjusted EBITA margin
Currency movements had a negative impact on sales and neutral on the Adjusted EBITA margin Q2 25 Sales FX Footprint (% of total) Key developments • Overall currency impact on sales of -3.0% mainly related to USD. • Neutral impact on the Adjusted EBITA margin %. 17
Slide 18: Adjusted EBITA Q2 24 Q2 25
Q2 24 Q2 25 Incidental items are mainly related to environmental Adjusted EBITA 118 110 provision for inactive sites and the discounting effect of long-term provisions (EUR 3 million mainly in - Restructuring -9 -10 Professional). - Acquisition-related charges -2 1 - Other incidental items 8 -3 EBIT
Slide 19: Free cash flow decreased to EUR 36m, explained by a higher cash outflow from working capital
Free cash flow decreased to EUR 36m, explained by a higher cash outflow from working capital Free cash flow (in EURm) Key developments Q224 Q225 - Free cash flow of EUR 36m Income from operations 7 83 * Lower income from operations Depreciation and amortization ae °7 » Higher cash outflow from worki
Slide 20: Signify - the meaning of light
(S)ignify the meaning of light