Signify Nv · EURONEXT:LIGHT
Signify Nv — Signify Nv Ord — Q2 2026 Earnings Presentation
22 slides from Signify Nv's earnings presentation, Jul 24, 2026
Slide 1: Q2 2026 Results
Q2 202 6 Results July 24 th , 2026
Slide 2: Important information
Important information Forward - Looking Statements and Risks & Uncertainties 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 proje
Slide 3: Content
Content Highlights Q2 2026 performance Q2 2026 financial performance Outlook & closing remarks Q&A 3
Slide 4: Progress across Build and Harvest portfolios in mixed market environment
Progress across Build and Harvest portfolios in mixed market environment • BUILD portfolio • Growth in Professional projects in the US and Rest of the World; outperforming the market • Weakness in Professional stock & flow and Europe • Strong connected Consumer sell - out; destocking impacting sell
Slide 5: Transforming Stade Armand Cesari in Furiani, France
Transforming Stade Armand Cesari in Furiani , France • Focus area for Professional Europe business • Showcase of integrated lighting offering • Delivered in collaboration with our CSI partner “ The advantage for us as an installer is that we had a single contact person at Signify for the different i
Slide 6: Sports Live brings the match to life in your home
Sports Live brings the match to life in your home • Entertainment focus for Consumer business • Real - time lighting effects r eact instantly to the game • High - level of adoption from engaged customer base
Slide 7: Brighter Lives, Better World 2030
Brighter Lives, Better World 2030 Improving lives, saving energy, preserving resources H1 2026 results 2024 2030 baseline Beyond illumination revenues target Benefits Beyond 31% 35.4% 41% Illumination Cumulative annual energy saved (TWh) 0 8.2 60 Energy Efficiency Reduction in portfolio CO2e emissio
Slide 8: Content
Content Highlights Q2 2026 performance Q2 2026 financial performance Outlook & closing remarks Q&A 8
Slide 9: Signify reports second quarter CSG of -3.6% with an operational profitability of 6.1%
Signify reports second quarter CSG of - 3.6% with an operational profitability of 6.1% Sales (in EURm) & comparable sales growth (in %) Sales and CSG CSG -1.4% -3.6% -3.9% -5.2% -5.1% • Pricing pressure continued to ease across the business, supporting topline • Sequential improvement in Build and H
Slide 10: The Professional business delivered resilient profitability despite market softness
The Professional business delivered resilient profitability despite market softness Sales (in EURm) & comparable sales growth (in %) Developments by performance area CSG 0.2% -2.5% -2.1% -1.9% -3.7% • Project business resilient in the US and Rest of the World; weakness in Europe • Continued softness
Slide 11: The Consumer business impacted by channel destocking while sell-out to consumers remained strong
The Consumer business impacted by channel destocking while sell - out to consumers remained strong Sales (in EURm) & comparable sales growth (in %) Developments by performance area CSG 2.6% -0.2% 3.7% -2.7% -4.6% • Connected impacted by lower retailers sell - in due to continued destocking, while un
Slide 12: The OEM business continued to face market softness; sequential profitability improvement
The OEM business continued to face market softness; sequential profitability improvement Sales (in EURm) & comparable sales growth (in %) Developments by performance area CSG -11.6% -12.0% -23.0% -19.2% -4.8% • Volume remains challenging in US and Europe • Price pressure easing 90 78 93 79 82 Q2 25
Slide 13: The Conventional business saw growth of Specialty lighting, while profitability improved as planned
The Conventional business saw growth of Specialty lighting, while profitability improved as planned Sales (in EURm) & comparable sales growth (in %) Developments by performance area CSG -26.8% -9.0% -21.5% -19.6% -17.9% • Growth in Specialty lighting • General lighting continued to decline in line w
Slide 14: Adj. EBITA margin declined mainly driven by Consumer gross margin erosion
Adj. EBITA margin declined mainly driven by Consumer gross margin erosion As % of sales 7.8 % - 170bps 6.1% - 90bps - +0.3% +0.4% - 0.9% +0.1% - 1.2% - 0.5% Q2 25 Volume Price/Mix COGS Indirect Costs Currency Other Q2 26 14
Slide 15: Working capital improvement of 120 bps year-on-year
Working capital improvement of 120 bps year - on - year In EURm / as % of sales 7.5% - 120 bps 6.3% 455 +8 348 - 54 -5 - 56 Q2 25 Inventories Trade & other Trade & other payables Other working Q2 26 15 receivables capital items
Slide 16: Content
Content Highlights Q2 2026 performance Q2 2026 financial performance Outlook & closing remarks Q&A 16
Slide 17: 2026 Outlook confirmed
2026 Outlook confirmed Adj. EBITA margin: 7.5 – 8.5 % Free Cash Flow: 6.5 – 7.5 % of sales 17
Slide 18: Q&A
Q&A 18
Slide 19: Currency movements had a negative impact on sales and the Adjusted EBITA margin
Currency movements had a negative impact on sales and the Adjusted EBITA margin Q2 26 Sales FX Footprint (% of total) Key developments • Overall currency impact on sales of - 2.5% mainly Other related to USD. Currencies, EUR, 24% 28% • Negative impact of - 0.5% on the Adjusted EBITA margin. CNY, 7%
Slide 20: Net income decreased to EUR 17 million, mainly resulting from higher restructuring costs
Net income decreased to EUR 17 million, mainly resulting from higher restructuring costs From Adjusted EBITA to net income (in EURm) Key developments Q2 25 Q2 26 Restructuring costs were EUR 31 million primarily Adjusted EBITA 110 81 related to the EUR 180 million cost reduction - Restructuring -10
Slide 21: Free cash flow stable at EUR 35 million due to improved working capital management
Free cash flow stable at EUR 35 million due to improved working capital management Free cash flow (in EURm) Key developments Q2 25 Q2 26 • Free cash flow of EUR 35m Income from operations 83 41 Depreciation and amortization 57 56 • Restructuring payout of EUR 29m (Q2 25 EUR 14m) Additions to (releas
Slide 22: Signify - the meaning of light
(S)ignify the meaning of light