Signify NV (FRA:G14)

€ 21.78 -0.3 (-1.36%) Market Cap: 2.78 Bil Enterprise Value: 3.88 Bil PE Ratio: 10.27 PB Ratio: 0.98 GF Score: 69/100

Q2 2020 Signify NV Earnings Call Transcript

Jul 24, 2020 / 07:00AM GMT

Release Date Price: €27.26 (+7.28%)

Transcript

Operator

Ladies and gentlemen, welcome to the Signify Second Quarter and First Half Year Results 2020. (Operator Instructions)

I would now like to give the floor to Rogier Dierckx, Head of Investor Relations. Mr. Dierckx, please go ahead, sir.

Rogier Dierckx

Signify N.V. - Head of IR

Good morning, everyone, and welcome to the Signify Earnings Call for the Second Quarter Results 2020. With me are Eric Rondolat, CEO of Signify; and Rene Van Schooten, CFO. Javier van Engelen, who has been appointed as our new CFO and who will take over from Rene Van Schooten as of the closure of Q3 in October, is also joining us today.

As a reminder, at the beginning of this year, we have announced our intent to adapt our business structure to enable a stronger customer focus and enhance specialization to further increase execution speed. As part of this change, we have moved to 3 divisions: Digital Solutions, Digital Products and Conventional Products. We have adapted our segment reporting accordingly as of this quarter. For the historical comparable figures for

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