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    LIGHT   NL0011821392

SIGNIFY N.V.

(LIGHT)
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Real-time Quote. Real-time Euronext Amsterdam - 09/24 11:35:03 am
43.31 EUR   -1.39%
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Signify N : Providing guests of World Forum with safe & secure LiFi

02/22/2021 | 03:46am EDT
  • World Forum The Hague hosts some of the world's most high-profile conferences
  • Trulifi by Signify provides conference guests safe, secure, reliable and high-speed connectivity

Eindhoven, the Netherlands -Signify (Euronext: LIGHT), the world leader in lighting, and World Forum The Hague, leader in hosting high-profile conferences, announced the world-first installation of Signify's Trulifi in a congress center, ensuring that future conference guests can enjoy the benefits of safe, secure, reliable and high-speed connectivity via light rather than radio waves. World Forum in The Hague, the Netherlands, is known for hosting some of the most high-profile conferences in the world such as the Global Conference on Cyber Security, World Press Freedom Conference and Climate Adaptation Summit 2021. The first installation concerns one meeting room with the potential for more.

The content of some of the events that it hosts can be highly sensitive. That means that World Forum The Hague wants to do whatever it takes to provide visitors and participants the assurance that their data is routinely and rigorously secured, and the venue has become a front runner in Safety & Security. Their measures are reviewed ahead of every event and adjusted if needed.

Trulifi by Signify offers the perfect addition, ensuring meeting rooms are equipped with highly secure, reliable and high-speed wireless connectivity, while providing users with the same standards for ease of use and comfort as with other wireless technologies. LiFi is a wireless technology, but instead of radio waves, light waves are employed, ensuring the network is strictly limited inside each room. With additional custom encryption and specific access keys security can be even more specifically controlled.

Disclaimer

Signify NV published this content on 22 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 February 2021 08:45:06 UTC.


ę Publicnow 2021
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Financials
Sales 2021 6 869 M 8 043 M 8 043 M
Net income 2021 372 M 435 M 435 M
Net Debt 2021 1 121 M 1 313 M 1 313 M
P/E ratio 2021 14,9x
Yield 2021 3,38%
Capitalization 5 483 M 6 420 M 6 420 M
EV / Sales 2021 0,96x
EV / Sales 2022 0,88x
Nbr of Employees 39 143
Free-Float 92,8%
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Mean consensus OUTPERFORM
Number of Analysts 12
Last Close Price 43,92 €
Average target price 54,73 €
Spread / Average Target 24,6%
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Managers and Directors
╔ric Rondolat Chief Executive Officer
Engelen Van Chief Financial Officer
Arthur P. M. van der Poel Chairman-Supervisory Board
Tony Thomas Chief Digital & Information Officer
Rita S. Lane Member-Supervisory Board
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