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

Signify N.V. (OTCPK:PHPPY) Q1 2025 Earnings Conference Call April 25, 2025 3:00 PM ET

Company Participants

Eric Rondolat – Chief Executive Officer
ŽeljkoKosanović – 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

Operator

Hello! And welcome to the Signify First Quarter 2025 Results Conference Call, hosted by Eric Rondolat, CEO; ŽeljkoKosanović, 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 ŽeljkoKosanović, 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