Signify N.V. (OTCPK:PHPPY) Q4 2024 Earnings Conference Call January 24, 2025 3:00 AM ET Company Participants Thelke Gerdes - Head, Investor Relations Eric Rondolat - Chief Executive Officer Željko Kosanović - Chief Financial Officer Conference Call Participants Daniela Costa - Goldman Sachs Akash Gupta - JPMorgan Sven Weier - UBS Martin Wilkie - Citi Marc Hesselink - ING Tim Ehlers - Kepler Cheuvreux Operator Hello and welcome to the Signify's Fourth Quarter and Full Year 2024 Results.
Signify N.V. has shown sequential improvements in sales and profits, with a compelling valuation at 4.8x EV/EBITDA compared to peers. The conventional lighting segment is declining due to regulatory bans, impacting high-margin products and pressuring overall business performance. Conventional may contribute to renewed sequential pressure once bans start in the US on fluorescent products.
![]() PHPPY In 10 months Estimated | Annual | $0.82 Per Share |
![]() PHPPY 1 month ago Paid | Annual | $0.82 Per Share |
![]() PHPPY 16 May 2024 Paid | Annual | $0.84 Per Share |
![]() PHPPY 18 May 2023 Paid | Annual | $0.81 Per Share |
![]() PHPPY 19 May 2022 Paid | Annual | $0.82 Per Share |
![]() PHPPY 4 Jun 2021 Paid | Other | $0.82 Per Share |
25 Jul 2025 (In 4 weeks) Date | | - Cons. EPS | - EPS |
24 Jul 2025 (In 3 weeks) Date | | - Cons. EPS | - EPS |
24 Apr 2025 Date | | - Cons. EPS | - EPS |
24 Jan 2025 Date | | - Cons. EPS | - EPS |
25 Oct 2024 Date | | - Cons. EPS | - EPS |
![]() PHPPY In 10 months Estimated | Annual | $0.82 Per Share |
![]() PHPPY 1 month ago Paid | Annual | $0.82 Per Share |
![]() PHPPY 16 May 2024 Paid | Annual | $0.84 Per Share |
![]() PHPPY 18 May 2023 Paid | Annual | $0.81 Per Share |
![]() PHPPY 19 May 2022 Paid | Annual | $0.82 Per Share |
![]() PHPPY 4 Jun 2021 Paid | Other | $0.82 Per Share |
25 Jul 2025 (In 4 weeks) Date | | - Cons. EPS | - EPS |
24 Jul 2025 (In 3 weeks) Date | | - Cons. EPS | - EPS |
24 Apr 2025 Date | | - Cons. EPS | - EPS |
24 Jan 2025 Date | | - Cons. EPS | - EPS |
25 Oct 2024 Date | | - Cons. EPS | - EPS |
Electrical Equipment & Parts Industry | Industrials Sector | Mr. Zeljko Kosanovic CEO | OTC PINK Exchange | US82670P1012 ISIN |
NL Country | 29,697 Employees | 30 Apr 2025 Last Dividend | - Last Split | - IPO Date |
Signify N.V., established in 1891 and headquartered in Eindhoven, the Netherlands, stands as a leading provider of lighting solutions on a global scale. The company's business operations are segmented into Digital Solutions, Digital Products, and Conventional Products, catering to a diversified clientele across Europe, the Americas, and other parts of the world. Signify is renowned for its innovative LED products, comprehensive lighting systems, and professional services, which find extensive application across various market segments, including offices, commercial buildings, shops, hospitality, industry, agriculture, and outdoor environments. The company's commitment to sustainability and innovation is manifest in its wide range of lighting solutions, designed to enhance the functionality, safety, and aesthetic appeal of spaces while also addressing the environmental and energy efficiency concerns.
Signify's LED products encompass a broad spectrum of lighting solutions, including bulbs, fixtures, and other accessories. These products are engineered to cater to the needs of diverse environments, ensuring energy efficiency, cost savings, and improved lighting quality for end-users.
The company's lighting systems and services are designed to deliver not just illumination but also intelligence and innovation through smart, connected lighting systems. These offerings enable the customization of lighting experiences, energy optimization, and integration with other smart building systems, adding value to commercial, urban, and agricultural projects.
Focused on the B2B market, these electronic components are critical for luminaire manufacturers who seek reliable and efficient solutions for their lighting products. Signify’s technology ensures the optimal performance of LED luminaires, enhancing their functionality and application scope across sectors.
Despite the growing focus on LEDs, there remains a demand for traditional lighting solutions in specific markets and applications. Signify caters to this segment with its range of high-quality conventional lighting products, ensuring diversity in its product portfolio to meet all customer needs.