October 26, 2018 / 5:21 AM / in 23 days

Signify beats expectations with 8 pct rise in Q3 core profit

AMSTERDAM, Oct 26 (Reuters) - Dutch lighting maker Signify reported on Friday an 8 percent rise in third-quarter core profit to 191 million euros ($217.1 million), beating analyst expectations as it managed to cut down costs.

Analysts in a Reuters poll had forecast earnings before interest, taxes and amortisation (EBITA) of 173 million euros, after a 176 million euros result the year before.

$1 = 0.8799 euros Reporting by Bart Meijer; Editing by Muralikumar Anantharaman

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