Light maker Signifys Q1 core earnings beat on strong demand

  div classBodysc17zpet90 cdBBJodivpAMSTERDAM Reuters – Signify, the world‘s biggest maker of lights, beat analysts’ expectations on Friday with a jump of 9 in firstquarter core earnings to 187 million euros 197 million, as sales growth outweighed persistent supply chain problems.p

  pAnalysts in a companycompiled poll had predicted average adjusted earnings before interest, taxes and amortisation EBITA to remain roughly stable in the JanuaryMarch period, at 173 million euros.pdivdivdiv classBodysc17zpet90 cdBBJodiv

  p10.9505 eurosp

  p

  pp Reporting by Bart Meijer Editing by Clarence Fernandezp

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