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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 : new fish lights

04/12/2021 | 04:59pm EDT
  • Provide light distribution specifically designed to enhance fish growth of many different fish species, including tilapia
  • Fit any pond size and can Illuminate up to six hours after sunset

Eindhoven, the Netherlands -Signify (Euronext: LIGHT), the world leader in lighting, has launched new Philips solar fish grow lights that help to optimize farming for ponds, while harnessing the power of the sun. It provides spectral light specifically designed to suit many fish species, including tilapia. The grow lights enable fish farmers to increase fish productivity and efficiency. Research by the South China Agricultural University in a commercial size trial at a tilapia farm using 60 solar luminaires in a 7,000 m2 pond confirmed a 10% increase in fish growth and a 10% reduction in feed conversion ratio (FCR), meaning that fish farmers need less feed per kilogram of fish.

Based on an earlier study in cooperation with the Ocean University of Shanghai1 , which showed similar results, South China Agricultural University started the trial in a live setting. This new trial, done at the tilapia farm in Taishan, Jiangmen, Guangdong in the south of China, proved the impact of the new solar fish lights, confirmed a 10% improved growth and found a positive effect on water quality. The commercial size trial lasted 117 days and resulted in an additional 1,770 kg of tilapia that was harvested compared to the reference ponds.

Disclaimer

Signify NV published this content on 12 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 April 2021 20:58:02 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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