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    • Denggle > Lighting News >

    Signify Reports Sales Drop in 3Q19 due to Macro Environment

    Signify Reports Sales Drop in 3Q19 due to Macro Environment

    Source： ledinside.com 07 Nov 2019
    Signify Sales Drop

    Signify published the financial results of 3Q19 last week with a 5% decrease in comparable sales growth while its LED-based business improved on-year by 2.6%. The company said that the “challenging macro environment with lower market activity in Europe, U.S., Greater China as well as a major impact of tightening liquidity in India,” was a major reason for the flat sales growth.

     

    Signify

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    Goula/figuera's LED Lamp for Faro Barcelona Doubles As a Coat Hanger

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    Signify Reports Sales Drop in 3Q19 due to Macro Environment

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