EINDHOVEN, the Netherlands — Signify (Euronext: LIGHT), the world leader in lighting, today announced the company’s second quarter results of 2026.
“Our second-quarter performance reflects both a mixed market environment and early progress in executing our strategy across the Build and Harvest portfolios.
In our Build portfolio, we saw continued momentum in Professional projects in the US and Emerging Markets. This was offset by weaker demand in Europe and continued softness in the stock & flow segment. In Consumer, connected continued to deliver strong sell-out, while sell-in was affected by ongoing retailer inventory adjustments.
In our Harvest portfolio, upstream manufacturing activities including Klite and OEM continued to face challenging demand and supply conditions. At the same time, our downstream businesses, including consumer lamps and Conventional, performed ahead of expectations.
While profitability was impacted by the lower contribution from our Consumer business, we are taking actions to improve this performance. With targeted price increases and ongoing cost initiatives, we are confident in delivering stronger profitability in the second half of the year.
We are encouraged by the engagement of our people as we bring our strategy to life. By executing with greater focus and discipline, strengthening commercial and operational performance, and putting customers at the centre of everything we do, we are building a more focused, better performing Signify that is well positioned to create sustainable value for our stakeholders.” said As Tempelman, CEO of Signify.
Outlook
We continue to execute our strategy across all performance areas and expect to deliver an improved performance in the second half of the year. We confirm our full-year guidance of an adjusted EBITA margin of 7.5-8.5% and free cash flow generation of 6.5-7.5% of sales.
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