Philips Lighting CEO Says Growth Profile Is Improving

The transcript covers a discussion on the company's full year guidance, highlighting its commitment to growth despite slight revenue declines. It explores the LED market, noting a peak in non-connected LED lamps but potential in connected lighting. The company emphasizes its R&D investment, crucial for innovation and growth. The M&A strategy focuses on consolidation and technological advancements. The impact of Brexit is discussed, with concerns over market conditions and employee contracts, but the company remains committed to its UK operations.

What factors contribute to the company's ability to stick to its full year guidance despite revenue challenges?

How did the company's sales performance in Q2 compare to previous periods?

What is the expected growth profile of the company for the second half of the year?

What are the company's views on the potential for LED products in the market?

What role does R&D spending play in the company's strategy and innovation?

What strategies is the company considering regarding mergers and acquisitions in the lighting industry?

How is Brexit impacting the company's operations and employee concerns?