Signify N.V. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the quarter, the company reported sales was EUR 1,734 million compared to EUR 1,978 million a year ago. Net income was EUR 59 million compared to EUR 86 million a year ago. Basic earnings per share from continuing operations was EUR 0.44 compared to EUR 0.67 a year ago.

For the full year, the company reported sales was EUR 6,704 million compared to EUR 7,514 million a year ago. Net income was EUR 215 million compared to EUR 532 million a year ago. Basic earnings per share from continuing operations was EUR 1.61 compared to EUR 4.18 a year ago.