Given recent developments of the pandemic, Signify does not provide financial guidance for full year 2020. Signify remains confident in the underlying resilience of its businesses and operating model, and that its liquidity needs are well covered by the financial framework it has in place. During the virtual Capital Markets Day 2020, which is scheduled on December 9, Signify will provide more details on its expectations for the medium-term.
Indication of FX impact for 2020
Based on the prevailing spot rates at the end of September 2020, the currency impact
- on sales is expected to be around -5.5% in Q4 and around -2.7% for FY 20
- on the adjusted EBITA margin is expected to be -10 bps in in Q4 and around -30 bps for FY 20
Please note that the final impact is subject to changing spot rates, changes in the footprint, ability to adjust pricing, and hedging results.