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Full-year margin and cash flow guidance confirmed; H2 to drive profitability recovery.

Strategy targets stable growth, higher margins, and cash flow via focused portfolio and operational excellence.

Sales declined but margins and cash flow held up; 2026 outlook and cost programs remain on track.

Mixed 2025 results: strong cash flow, growth in connected lighting, and major cost-saving plan.

Sales and profit declined, but connected and consumer lighting showed strong growth.

Connected and specialty lighting growth offsets sales decline; Q4 expected to be seasonally strong.

2024 results, dividend, leadership changes, and all proposals approved amid tariff and diversity focus.

Net income rose to EUR 67 million as connected lighting grew, with 2025 guidance reaffirmed.

Net income rose to €334M, with stable margins and strong cash flow expected in 2025.

Sequential improvement, resilient margins, and strong cash flow amid ongoing market headwinds.