Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Netherlands
  4. Euronext Amsterdam
  5. Signify N.V.
  6. News
  7. Summary
    LIGHT   NL0011821392

SIGNIFY N.V.

(LIGHT)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Signify N : WiZ among first smart lighting players to adopt Matter

05/12/2021 | 03:38am EDT
  • WiZ Matter-upgradable products will be available from September 2021
  • By making its products compatible with Matter, WiZ goes one step further in its commitment to bringing connected smart lighting to everyone

Eindhoven, the Netherlands -Signify (Euronext: LIGHT), the world leader in lighting, announces WiZ as one of the first smart lighting players of which all new products will be Matter-upgradable. Matter, a new open-source industry-unifying technology that enables smart home devices to interact seamlessly, was announced by the Connectivity Standards Alliance on May 11. WiZ's Matter-upgradable new products will hit the shelves from September 2021.

Making smart home onboarding even simpler

WiZ was the first smart lighting provider to adopt both WiFi and Bluetooth, for easier pairing and better connectivity. The daily, intuitive smart lighting brand is already anticipating the required changes to their new products to ensure they are ready to undergo a software upgrade as soon as Matter is launched by the Connectivity Standards Alliance. As one of the first smart home brands to anticipate this new industry-unifying standard in its new products, the brand demonstrates its commitment to offering all consumers an accessible plug-and-play setup, intuitive smart control and seamless interoperability between all WiZ connected lights and other smart devices.

With WiZ's Matter-upgradable products, consumers will be prepared to connect the individual product to any other interoperable smart device.

Rapid adoption of the latest smart home innovation

September 2021 marks a milestone for the smart lighting brand - when all new WiZ product introductions will be Matter-upgradable. In the first half of 2022, WiZ expects its full product portfolio, including existing light bulbs, strip lights, downlights, lamps and other devices, to have the Matter seal of approval on the packaging and be compatible straight from the box.

Disclaimer

Signify NV published this content on 12 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 May 2021 07:37:05 UTC.


© Publicnow 2021
All news about SIGNIFY N.V.
10:03aGLOBAL MARKETS LIVE : Intel, HoneyWell, American Express, Visa, Twitter...
04:28aSIGNIFY N : Signify reports second quarter sales of EUR 1.6 billion, operational..
PU
01:43aSIGNIFY N : Light-maker Signify shares dip as parts shortage dims output
RE
01:08aSIGNIFY N : second quarter results 2021
PU
01:08aQ2 AND HALF YEAR RESULTS, JULY 23, 2 : 00 cet
PU
01:00aSIGNIFY N : reports second quarter sales of EUR 1.6 billion, operational profita..
AQ
01:00aSignify Provides Sales Guidance for the Full Year of 2021
CI
07/15SIGNIFY : UBS gives a Neutral rating
MD
07/09SIGNIFY : Gets a Neutral rating from JP Morgan
MD
07/07Rebate Bus Enters into Partnership with Signify Brings Benefits to Horticultu..
CI
More news
Financials
Sales 2021 6 892 M 8 111 M 8 111 M
Net income 2021 367 M 432 M 432 M
Net Debt 2021 1 205 M 1 418 M 1 418 M
P/E ratio 2021 16,9x
Yield 2021 3,08%
Capitalization 5 993 M 7 050 M 7 053 M
EV / Sales 2021 1,04x
EV / Sales 2022 0,94x
Nbr of Employees 37 356
Free-Float 93,4%
Chart SIGNIFY N.V.
Duration : Period :
Signify N.V. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SIGNIFY N.V.
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 12
Last Close Price 48,00 €
Average target price 51,64 €
Spread / Average Target 7,58%
EPS Revisions
Managers and Directors
Éric Rondolat Chief Executive Officer
Javier van Engelen Chief Financial Officer
Arthur P. M. van der Poel Chairman-Supervisory Board
Tony Thomas Chief Digital & Information Officer
Rita S. Lane Member-Supervisory Board
Sector and Competitors
1st jan.Capi. (M$)
SIGNIFY N.V.46.60%8 052
ACUITY BRANDS, INC.37.91%6 818
OPPLE LIGHTING CO.,LTD.-14.27%2 972
AB FAGERHULT75.60%1 404
ZHEJIANG DAFENG INDUSTRIAL CO., LTD.-3.32%701
LSI INDUSTRIES INC.-11.68%218