Signify Nv · EURONEXT:LIGHT
Signify Nv — Q3 2026 Earnings Presentation
23 slides from Signify Nv's earnings presentation, Oct 23, 2026
Slide 1: Q3 2026 Results
Q3 202 6 Results October 23 rd , 2026 1
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 Q3 2026 performance Q3 2026 financial performance Outlook & closing remarks Q&A 3
Slide 4: Strategy execution highlights
Strategy execution highlights Portfolio BUILD focus Performance step - up HARVEST India growth Genlyte turnaround (2026) Prof Europe turnaround (2027) OEM turnaround (2026) Consumer productivity and growth Klite strategic option R&D returns 4
Slide 5: Bringing an iconic landmark to life through professional lighting in Romania
Bringing an iconic landmark to life through professional lighting in Romania • Combining architectural luminaires, lighting design and controls in one project • Delivered in collaboration with our partner Luxten , demonstrating Signify’s ability to work with partners on complex projects • Multiple l
Slide 6: Winning with adjacencies – Fan business in India
Winning with adjacencies – Fan business in India • Entered EUR 1.4billion fans market in India, with EcoLink brand • In 2024, leveraged design - led innovation , as a differentiator, to grow in BLDC * fans • Strengthened EcoLink brand awareness through mass - media and digital advertising, Indian Pr
Slide 7: Brighter Lives, Better World 2030
Brighter Lives, Better World 2030 Improving lives, saving energy, preserving resources Q3 2026 YTD results 2024 2030 baseline Beyond illumination revenues target Benefits Beyond 31% 36.3% 41% Illumination Cumulative annual energy saved (TWh) 0 12 60 Energy Efficiency Reduction in portfolio CO2e emis
Slide 8: Content
Content Highlights Q 3 2026 performance Q3 2026 financial performance Outlook & closing remarks Q&A 8
Slide 9: Signify reports third quarter CSG of -3.4% with operational profitability of 10.6%
Signify reports third quarter CSG of - 3.4% with an operational profitability of 10.6% incl. US tariff refund Sales (in EURm) & comparable sales growth (in %) Sales and CSG CSG -3.9% -3.4% -5.2% -5.1% -3.6% • Positive pricing across all businesses • Continued weakness in Signify’s end markets 1,407
Slide 10: The Professional business delivered resilient underlying profitability
The Professional business delivered resilient underlying profitability supported by gross margin strength and cost reductions Sales (in EURm) & comparable sales growth (in %) Developments by performance area CSG -2.1% -1.5% -1.9% -3.7% -2.5% • Project business resilient in the US and Rest of the Wor
Slide 11: The Consumer business continued to be impacted by Connected
The Consumer business continued to be impacted by Connected Sales (in EURm) & comparable sales growth (in %) Developments by performance area CSG 3.7% -5.3% -2.7% -4.6% -0.2% • Connected retail sell - in remained affected by retailer destocking • Sell - out growth and market share gains year - to -
Slide 12: The OEM business continued to face market softness
The OEM business continued to face market softness; sequential profitability improvement Sales (in EURm) & comparable sales growth (in %) Developments by performance area CSG -23.0% -6.7% -19.2% -4.8% -12.0% • Volume remains challenging in US and Europe • Positive pricing achieved 93 88 79 82 78 Q3
Slide 13: The Conventional business saw continued growth in Specialty lighting
The Conventional business saw continued growth in Specialty lighting and solid underlying margins Sales (in EURm) & comparable sales growth (in %) Developments by performance area CSG -21.5% -12.2% -19.6% -17.9% -9.0% • Continued growth in Specialty lighting • Outperforming declining General lightin
Slide 14: The Adj. EBITA margin improved YoY
The Adj. EBITA margin improved YoY, supported by gross margin expansion and cost discipline 9.7% +90 bps 10.6% +150bps +2.1% +0.7% +0.8% - 0.4% - 1.0% 8.5% - 1.0% - 0.3% Q3 25 Volume Price/Mix COGS Indirect Cost Currency Other Q3 26 Net Tariff Q3 26 excl. Tariff Refund Refund 14
Slide 15: Cost reduction program on track; EUR 180 million annualized gross savings
Cost reduction program on track; run - rate expected to deliver EUR 180 million annualized gross savings . Further cost reductions underway Q3 2026 YTD 2026 1,407 10 27 1,356 451 34 11 4 439 - 24 9 25 - 98 - 37 Adjusted Cost Incentive Salary Other FX Adjusted Adjusted Cost Incentive Salary Other FX
Slide 16: Working capital improved 230 bps year-on-year
Working capital improved 230 bps year - on - year In EURm / as % of sales 8.4% - 230 bps 6.1% 500 - 59 +1 331 - 70 - 41 Q3 25 Inventories Trade & other Trade & other payables Other working Q3 26 16 receivables capital items
Slide 17: Content
Content Highlights Q3 2026 performance Q3 2026 financial performance Outlook & closing remarks Q&A 17
Slide 18: 2026 Outlook confirmed
2026 Outlook confirmed Adj. EBITA margin: 7.5 – 8.5 % Free Cash Flow: 6.5 – 7.5 % of sales 18
Slide 19: Q&A
Q&A 19
Slide 20: FX footprint
FX footprint Q3 26 Sales FX Footprint (% of total) Key developments • Currency movements had a positive impact on sales and negative impact on adjusted EBITA Other Currencies, margin. 27% EUR, 28% • Overall currency impact on sales of 0.4% mainly related to USD and CNY. • Negative impact of - 1.0% o
Slide 21: Net income
Net income From Adjusted EBITA to net income (in EURm) Key developments Q3 25 Q3 26 Adjusted EBITA 136 145 • Net income increased to EUR 88 million, also benefited from tariff refund. - Restructuring -11 -6 • Continuing net income 1 for the nine - month ended - Acquisition-related charges 7 4 Septem
Slide 22: Free cash flow
Free cash flow Free cash flow (in EURm) Key developments Q3 25 Q3 26 • FCF at EUR 118 million mainly due to improved Income from operations 118 130 working capital management and tariff refund. Depreciation and amortization 58 57 • The restructuring payout is EUR 22 million. Additions to (releases o
Slide 23: Signify
(S)ignify the meaning of light