Signify reports 4.4% sales drop as dollar and yuan depreciate
RefinitivBacaan kurang dari 1 minit
Dutch lighting manufacturer Signify LIGHT on Friday reported a 4.4% drop in its second-quarter nominal sales to 1.418 billion euros ($1.66 billion), partly due to a 3% currency hit from weakening of the U.S. dollar and the Chinese yuan.
Analysts had forecast sales of 1.415 billion euros, a company-provided consensus showed.
($1 = 0.8517 euros)
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