Signify N.V. (PHPPY) Q1 2025 Earnings Call Transcript

2025-04-25 08:03:06 ET

Signify N.V. (PHPPY)

Q1 2025 Earnings Conference Call

April 25, 2025 03:00 p.m. ET

Company Participants

Eric Rondolat - Chief Executive Officer

ŽeljkoKosanovi? - Chief Financial Officer

Thelke Gerdes - Head of Investor Relations

Noëlly Colognac - Investor Relations Officer

Conference Call Participants

Martin Wilkie - Citi

Megan Young - Goldman Sachs

Chase Coughlan - Van Lanschot Kempen

Tim Ehlers - Kepler Cheuvreux

Marc Hesselink - ING

Claire Liu - Morgan Stanley

Adam Parr - Redburn

Anna Ratcliffe - Bank of America

Presentation

Operator

Hello! And welcome to the Signify First Quarter 2025 Results Conference Call, hosted by Eric Rondolat, CEO; ŽeljkoKosanovi?, CFO; and Thelke Gerdes, Head of Investor Relations.

Throughout today's call, all participants will be in a listen-only mode. Later, we will conduct a question-and-answer session. [Operator Instructions]. We kindly ask you to limit the number of your questions to one plus one follow-up.

And now, I'm pleased to hand the call over to Thelke Gerdes. Please go ahead, ma'am.

Thelke Gerdes

Good morning, everyone. And welcome to Signify's earnings call for the first quarter 2025. With me today are Eric Rondolat, CEO of Signify, and ŽeljkoKosanovi?, CFO. During this call, Eric will first take you through the first quarter highlights, after which Željko will present the company's financial performance. Eric will then come back to discuss the outlook for the remainder of the year. After that, we will be happy to take your questions.

Our press release and presentation were published at 7 o'clock this morning. Both documents are available for download from our investor relations website. The transcript of this conference call will be made available as soon as possible.

And with that, I will hand over to Eric.

Eric Rondolat

Thank you, Thelke. Good morning, everyone. And thank you for joining us today. Let's start with some highlights for the first quarter 2025 on Slide 4. Our first quarter performance landed in line with our expectations, showing sequential improvements in most of our businesses with a strong contribution of our connected offers. ...

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