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
Real-time Quote. Real-time Euronext Amsterdam - 06/25 04:55:30 am
53.96 EUR   +0.33%
06/08SIGNIFY Ná : Boosting fan experience
PU
06/03SIGNIFY Ná : launches new and future-ready Philips Hue app
PU
05/18SIGNIFY Ná : shareholders approve all AGM proposals
PU
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Signify announces a dept prepayment of EUR 350 million to reduce its overall gross debt position, September 21, 2020, 08:00 CET

10/19/2020 | 03:35am EDT

Press Release

September 21, 2020

Signify announces a debt prepayment of EUR 350 million to reduce its overall gross debt position

Eindhoven, the Netherlands - Signify, (Euronext: LIGHT), the world leader in lighting, today announced that it has given a notice of prepayment for a principal amount of EUR 350 million of its term loan debt facilities.

The deleveraging supports our overall commitment to an investment grade credit rating and maintaining a robust financial framework, and implements our deleveraging prioritization as announced on January 31, 2020when publishing our full year 2019 results. The debt prepayment will be made on September 30, 2020 and executed against the EUR terms loans which had an initial maturity of January 2023.

As a result of this payment Signify's term loan debt facilities will consist of EUR 50 million and USD 275 million with a maturity of three years (January 2023) and EUR 340 million and USD 225 million with a maturity of five years (January 2025).

--- END ---

For further information, please contact:

Signify Investor Relations

Rogier Dierckx

Tel: +31 6 1138 4609

E-mail: rogier.dierckx@signify.com

Signify Corporate Communications

Elco van Groningen

Tel: +31 6 1086 5519

E-mail: elco.van.groningen@signify.com

About Signify

Signify(Euronext: LIGHT) is the world leader in lighting for professionals and consumers and lighting for the Internet of Things. Our Philipsproducts, Interactconnected lighting systems and data-enabled services, deliver business value and transform life in homes, buildings and public spaces. With 2019 sales of EUR 6.2 billion, we have approximately 36,000 employees and are present in over 70 countries.

We unlock the extraordinary potential of light for brighter lives and a better world. We have been named Industry Leaderin the Dow Jones Sustainability Index for three years in a row. News from Signify is located at the Newsroom, Twitter, LinkedInand Instagram. Information for investors can be found on the Investor Relationspage.

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

Signify NV published this content on 21 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 October 2020 07:34:05 UTC


ę Publicnow 2020
All news about SIGNIFY N.V.
06/08SIGNIFY Ná : Boosting fan experience
PU
06/03SIGNIFY Ná : launches new and future-ready Philips Hue app
PU
05/18SIGNIFY Ná : shareholders approve all AGM proposals
PU
05/18SIGNIFY'S ANNUAL GENERAL MEETING OF : 00 cet
PU
05/18SIGNIFY Ná : Annual General Meeting of Shareholders approves all proposals
AQ
05/18SIGNIFY N.V.á : Proxy Statments
CO
05/12SIGNIFY Ná : WiZ among first smart lighting players to adopt Matter
PU
05/12SIGNIFY Ná : Complete Philips Hue range to be compatible with Matter
PU
05/11SIGNIFY Ná : Ljusgårda produced salads all year round
PU
05/11SIGNIFY Ná : Completing repurchase program
PU
More news
Financials
Sales 2021 6 892 M 8 232 M 8 232 M
Net income 2021 365 M 436 M 436 M
Net Debt 2021 1 048 M 1 252 M 1 252 M
P/E ratio 2021 18,7x
Yield 2021 2,94%
Capitalization 6 715 M 8 010 M 8 021 M
EV / Sales 2021 1,13x
EV / Sales 2022 1,05x
Nbr of Employees 37 356
Free-Float 93,8%
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
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 12
Last Close Price 53,78 €
Average target price 50,73 €
Spread / Average Target -5,68%
EPS Revisions
Managers and Directors
╔ric 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.Capitalization (M$)
SIGNIFY N.V.55.75%8 010
ACUITY BRANDS, INC.57.97%6 753
OPPLE LIGHTING CO.,LTD.-15.59%3 009
AB FAGERHULT45.49%1 375
ZHEJIANG DAFENG INDUSTRIAL CO., LTD.3.78%709
LSI INDUSTRIES INC.-11.22%201