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Outlook 2021
For 2021, Signify expects positive comparable sales growth, the level of which will depend on the recovery pattern in its markets. In addition, the company expects to continue its steady progress towards its medium-term Adj. EBITA margin objective. Cash flow, following two years of significant structural working capital improvements, is expected to exceed 8% of sales. As guided for the mid-term, this includes a higher initial cash outflow for cost restructuring and continued post-merger integration activities.
Indication of FX impact for 2021
Based on the prevailing spot rates at the end of December 2020, the currency impact:
Please note that the final impact is subject to changing spot rates, changes in the footprint, ability to adjust pricing, and before hedging results.
As of January 1, 2018, Signify has made some changes to its financial reporting.
Please view the documents for the explanation of the changes and the effects to financial reporting on the (quarterly) prior-year financial statements for 2016 and 2017.
April 1, 2021
Closed period pre Q1 results
April 30, 2021
First quarter results 2021
May 4, 2021
Pan European Roadshow