Signify provides update on developments related to the coronavirus, March 27 2020, 08:00 CET
(WorldNews Netherlands)

Press Release March 27, 2020 Signify provides update on developments related to the coronavirus Eindhoven, the Netherlands - The COVID-19 pandemic has created an unprecedented situation globally. From the outset, Signify(EURONEXT: LIGHT) has taken considerable action focused on the health and safety of its employees, on customer engagement and supply chain continuity and on free cash flow generation and operating expenses. To adapt to the fast-changing environment, the company has taken the following decisions: Outlook suspended and dividend proposal withdrawn Given the high level of global uncertainty and the very limited visibility on how this crisis might unfold,...