In 2021, Philips generated around 17.16 billion euros in revenue, the third-lowest annual revenue for the company since 2009. In 2012, revenue amounted to 23.46 billion euros, the highest figure in the provided time interval.
History of Philips
While Philips, officially listed as Koninklijke Philips N.V, started out as a lighting company and then concentrated on electronics, today it is a company focused on healthcare and medical technology. It is now is ranked among the leading medical technology companies in the world. The largest segment within Philips is the diagnosis and treatment segment which generated approximately 8.2 billion euros in sales in 2020.
In April 2011, Philips announced that they would transfer their Television business into a joint venture with TPV Technology. Television sales are no longer reported in the operational financials. The figure for 2010 has been restated accordingly.
In April 2017, Philips Lighting became a discontinued operation due to sell-downs by Philips, and would become a stand-alone company. The figures since 2015 have been restated accordingly.
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Philips. (February 22, 2022). Philips' revenue worldwide from 2009 to 2021 (in billion euros) [Graph]. In Statista. Retrieved August 10, 2022, from https://www.statista.com/statistics/272107/philips-revenue-worldwide-since-2006/
Philips. "Philips' revenue worldwide from 2009 to 2021 (in billion euros)." Chart. February 22, 2022. Statista. Accessed August 10, 2022. https://www.statista.com/statistics/272107/philips-revenue-worldwide-since-2006/
Philips. (2022). Philips' revenue worldwide from 2009 to 2021 (in billion euros). Statista. Statista Inc.. Accessed: August 10, 2022. https://www.statista.com/statistics/272107/philips-revenue-worldwide-since-2006/
Philips. "Philips' Revenue Worldwide from 2009 to 2021 (in Billion Euros)." Statista, Statista Inc., 22 Feb 2022, https://www.statista.com/statistics/272107/philips-revenue-worldwide-since-2006/
Philips, Philips' revenue worldwide from 2009 to 2021 (in billion euros) Statista, https://www.statista.com/statistics/272107/philips-revenue-worldwide-since-2006/ (last visited August 10, 2022)