Sales distribution of Signify (Philips Lighting) 2018, by business area

Signify, before May 2018 officially known as Philips Lighting, is a separate company from Philips after their split in 2016. In terms of the financial performance, 40 percent of the total sales of Signify came from the professional business unit in 2018, whereas the other areas Lamps and LED contributed for 26 and 24 percent to the sales revenue. The total sales of Signify decreased annually. In 2015, the company reached a revenue of approximately 7.4 billion euros and by 2018, this amounted to roughly 6.36 billion euros.

Sales revenue of Signify by markets

Categorizing the sales revenue of Signify by market, the lighting company generated its highest revenue within Europe in 2018. Approximately 2.3 billion euros were generated in the European market, whereas a little more than 1.8 billion euros were reached in Americas. Concerning the sales by country, Signify saw the sales revenue amount to 551 million euros in the Netherlands, whereas in Germany 464 million euros were generated. The highest revenue was reached in the United States with 1.36 billion euros.

Net income of Signify

The net income of Signify increased from 2016 to 2017, before decreasing again in 2018. In 2016, the company had a net income of 185 million euros and increased in 2017 to roughly 280 million euros. As of 2018, it decreased to 261 million euros.

Distribution of total sales of Signify (Philips Lighting) in 2018, by area of business

Share of sales
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Source

Release date

February 2019

Region

Worldwide, Netherlands

Survey time period

2018

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Statistics on "Residential/household lighting in the U.S. (Statista Survey)"

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