Signify Nv · EURONEXT:LIGHT
Signify Nv — Signify Nv Ord — Q3 2025 Earnings Presentation
23 slides from Signify Nv's earnings presentation, Oct 24, 2025
Slide 1: Q3 2025 results
Q3 2025 results October 24, 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 Introduction Financial performance Outlook and CEO observations Q&A
Slide 4: Q3 2025 saw mixed results with challenging dynamics and strength in connected and Consumer businesses
Q3 2025 saw mixed results with challenging dynamics and strength in connected and Consumer businesses Q3 2025 Highlights * Challenging market conditions * Professional Business saw continued project growth, but weaker demand in the U.S. and European public sectors. Offline trade softened in both reg
Slide 5: Solar lighting project delivered in Montbartier, France
Solar lighting project delivered in Montbartier, France * The municipality of Montbartier, France, aimed to modernize its public lighting to improve safety and enable remote maintenance, with a strong focus on sustainability and cost efficiency. ° Signify implemented the smart solar lighting solutio
Slide 6: Successful new product launches for Philips Hue
Successful new product launches for Philips Hue * Hue Bridge Pro launch exceeded expectations with strong demand and well-managed availability on own website * New Hue Essential range launched at an accessible entry point ° Expanded strip light and Festavia ranges launched ahead of the holiday seaso
Slide 7: Content
Gontent Introduction Financial performance Outlook and CEO observations Q&A
Slide 8: Q3 24 Q3 25 Q4 24 Q1 25 Q2 25 •
-5.2% -3.9% -2.8% -2.8% -1.4% • • • 1.537 1.407 1.655 1.448 1.418 Q3 24 Q3 25 Q4 24 Q1 25 Q2 25 • • • 10.5% 9.7% 12.4% 8.0% 7.8% • • 161 136 205 116 110 Q3 24 Q3 25 Q4 24 Q1 25 Q2 25
Slide 9: Q3 24 Q3 25 Q4 24 Q1 25 Q2 25 •
-4.1% -2.1% -3.4% -1.8% 0.2% • • • 995 928 1.036 942 931 • Q3 24 Q3 25 Q4 24 Q1 25 Q2 25 • • 10.8% 10.4% 10.8% 7.1% 7.4% • • 108 97 111 67 69 Q3 24 Q3 25 Q4 24 Q1 25 Q2 25
Slide 10: Q3 Q3 25 Q4 24 Q1 25 Q2 25
-1.8% 3.7% 4.0% 3.1% 2.6% • • • 304 301 396 311 296 • Q3 24 Q3 25 Q4 24 Q1 25 Q2 25 • 7.6% 9.1% 17.4% 10.8% 7.4% • • 23 27 69 34 22 Q3 24 Q3 25 Q4 24 Q1 25 Q2 25
Slide 11: Q3 24 Q3 25 Q4 24 Q1 25 Q2 25
0.2% -23.0% -1.2% -10.7% -11.6% • • • • 126 93 103 92 90 Q3 24 Q3 25 Q4 24 Q1 25 Q2 25 • 15.2% 4.7% 8.5% 4.2% 8.5% • 9 8 19 4 4 Q3 24 Q3 25 Q4 24 Q1 25 Q2 25
Slide 12: Q3 4 Q3 25 Q4 24 Q1 25 Q2 25
-29.4% -21.5% -24.5% -23.9% -26.8% • • 102 76 101 92 81 Q3 24 Q3 25 Q4 24 Q1 25 Q2 25 • 19.3% 17.0% 19.3% 18.4% 18.6% • 20 13 20 17 15 Q3 24 Q3 25 Q4 24 Q1 25 Q2 25
Slide 13: Adjusted EBITA margin of 9.7%; with decrease driven by volume impact
Adjusted EBITA margin of 9.7%; with decrease driven by volume impact As % of sales 10.5% —-80bps 9.7% -0.7% 0.4% — | -0.1% 1.3% 0.0% Q3 24 Volume Price/Mix COGS Indirect Costs Currency Other Q3 25 13 ©ignify
Slide 14: Working capital as 8.4% of sales
Working capital as 8.4% of sales; increase driven by Consumer seasonality and OEM performance In EURm / as % of sales 156 -52 Q3 24 Inventories Trade & other Trade & other payables Other working Q3 25 14 receivables capital items @ignify
Slide 15: Brighter Lives, Better World 2025 – Q3 2025 results
Brighter Lives, Better World 2025 – Q3 2025 results Doubling our positive impact on the environment and society 2019 Q3 2025 2025 Baseline Result Target Carbon reduction over value chain Ahead of Better World Climate action 0 324 MT against Paris Agreement track Circular economy Circular revenues 16
Slide 16: Content
Content Introduction Financial performance Outlook and CEO observations Q&A 16
Slide 17: Outlook 2025
Outlook 2025 CSG: -2.5 to -3.0% -1.0 to -1.5% excluding Conventional Adj. EBITA margin: 4.1-9.6% Free Cash Flow: Around 7% Share repurchase program of up to EUR I5@ million in 2025 7 ©ignify
Slide 18: Early Reflections and Priorities
Early Reflections and Priorities There is a lot to be proud of... and there are challenges - Passionate professionals - Market conditions + Strong innovation power - Lack of growth * Costs and capital discipline + Performance predictability @ Priorities * Outperforming in difficult market * Focus on
Slide 19: < Ce) Q
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Slide 20: 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 Q3 25 Sales FX Footprint (% of total) Key developments • Overall currency impact on sales of -4.5 % mainly related to USD. Other • Neutral impact on the Adjusted EBITA margin %. Currencies, EUR, 27% 29% CNY, 6
Slide 21: Adjusted EBITA to net income
Q3 24 Q3 25 • Net income decreased to EUR 76 million, reflecting a Adjusted EBITA 161 136 lower income from operations as well as a higher - Restructuring -13 -11 income tax expense, as the previous year included a - Acquisition-related charges 4 7 one-off tax benefit. - Other incidental items 1 -1
Slide 22: Free cash flow
Q3 24 Q3 25 • Income from operations 137 118 Depreciation and amortization 60 58 • Additions to (releases of) provisions 31 15 • Utilizations of provisions -61 -33 Change in working capital -15 -39 • • Net interest and financing costs received (paid) -9 -5 Income taxes paid -5 -4 Net capex -17 -32 O
Slide 23: Signify
(S)ignify the meaning of light