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Lighting company Signify expects sales growth after years of decline

AMSTERDAM, Dec 9 (Reuters) - Signify NV, the world’s largest lighting company, said on Wednesday that it expects sales to grow in the coming years after a long period of decline and a deep slump in 2020.

In an update ahead of its annual investors day, the company predicted comparable sales growth of up to 5% for the 2021-2023 period, while it said revenue was expected to drop 13-13.5% this year due to the coronavirus pandemic. (Reporting by Bart Meijer; editing by Richard Pullin)

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