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Top related persons:
Eric Rondolat - 3 headwinds - 1 de - 1 Rondolat - 1 Morgan - 1 Diana Mandiá - 1 Milla Nissi - 1 Jane Merriman - 1
Top related locs:
China Europe India Eindhoven Netherlands Gdansk
Top related orgs:
REUTERS - 1 Philips - 1 Thomson - 1

Search resuls for: "Eric Rondolat"


5 mentions found


☆ Signify is still seeing headwinds in China and Europe, CEO says
  + stars: | 2024-07-26 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSignify is still seeing headwinds in China and Europe, CEO saysSignify's CEO Eric Rondolat says the market has been stabilising and the company is seeing "very strong price erosion" in some local markets in countries such as China and India.
Persons: headwinds, Eric Rondolat Locations: China, Europe, India
☆ Signify CEO: Our next assignment is reducing our cost base
  + stars: | 2024-01-26 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSignify CEO: Our next assignment is reducing our cost baseEric Rondolat, CEO of Signify, discusses the company's full-year sales, restructuring and cautious 2024 outlook.
Persons: Eric Rondolat
☆ Signify to cut jobs in revamp to save 200 mln euros annually
  + stars: | 2023-12-01 | by ( Diana Mandia | Thomson Reuters | Reports On The French | ) www.reuters.com   time to read: +2 min
Signify's shares rose 5.6% to 28.16 euros at 1110 GMT on Friday, among top performers on Europe's benchmark STOXX 600 index (.STOXX). Signify did not disclose how many people would be affected by the revamp, but reiterated its aim to keep non-manufacturing costs within 25%-29% of sales. In the third quarter, its adjusted indirect costs as a percentage of sales increased by 160 basis points to 30.2%. "The new segment structure will also improve the disclosure and bring Signify closer to the customers, " it added. Signify's nominal sales fell by 13.8% in the third quarter hit by slow demand across its geographies, it said in October.
Persons: de, Eric Rondolat, Rondolat, Morgan, Diana Mandiá, Milla Nissi, Jane Merriman Organizations: REUTERS, Philips, Reuters, Thomson Locations: Eindhoven, Netherlands, China, Gdansk
☆ Signify ups 2023 view on profitability margin, skips sales outlook
  + stars: | 2023-01-27 | by ( ) www.reuters.com   time to read: +1 min
Jan 27 (Reuters) - Signify (LIGHT.AS), the world's largest lighting maker, said on Friday it expects operating profitability to be in the range of 10.5%-11.5% in 2023, but did not give any outlook on sales, citing volatility in the current macroeconomic environment. Signify had earlier this month cut its full-year forecast for both profit margin and sales growth, citing a steeper-than-expected slowdown in China. The Eindhoven, Netherlands-based company had then forecast margin on earnings before interest, taxes and amortisation (EBITA) of about 10% for both the fourth quarter and the year. Signify, the former lighting arm of Philips, on Friday posted adjusted earnings before interest, taxes and amortisation (EBITA) margin of 10.1% for 2022 and comparable sales growth of 1.2%, in line with the profit warning. Reporting by Diana Mandiá; Editing by Jacqueline Wong and Nivedita BhattacharjeeOur Standards: The Thomson Reuters Trust Principles.
☆ Signify CEO: Massive impact expected from China reopening
  + stars: | 2023-01-27 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSignify CEO: Massive impact expected from China reopeningEric Rondolat, CEO at Signfiy, discusses fourth-quarter earnings and his outlook for 2023.
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