Signify CEO Says Sees ‘Structural Inflation’ Amid Supply Issues

The video discusses the business performance of Signify, highlighting the recovery in Q2 and strategic growth in connected lighting and growth platforms. It explores the impact of COVID-19 on UV light sales and market trends, noting the discrepancy between consumer and professional business performance. The video also addresses inflationary pressures, distinguishing between transitory and structural inflation, and the company's response to rising costs.

What is one of the strategic priorities mentioned for the company's growth?

• Expanding into new geographical markets

• Increasing connected lighting points

• Reducing workforce

• Focusing solely on retail

How did the COVID-19 pandemic initially affect the sales of UV lights?

• Sales remained constant

• Sales decreased significantly

• Sales increased initially and then fluctuated

• Sales were unaffected

Which business segment performed better during the pandemic?

• Professional business

• Consumer business

• Both performed equally

• Neither performed well

What is considered a transitory factor affecting inflation?

• Long-term changes in consumer behavior

• Temporary supply chain disruptions

• Permanent increase in raw material costs

• Government policy changes

How has the company responded to structural inflation?

• By reducing product quality

• By increasing prices

• By cutting down on marketing

• By expanding workforce