Signify, before May 2018 officially known as Philips Lighting, was Philips' light division. Philips, now active in medical equipment, and Philips Lighting split up in 2016 and are now separate companies, each with their own IPO. Signify, however, is allowed to use the brand name "Philips" for their products up until 2030. As of 2020, the sales of Signify amounted to approximately 6.5 billion euros. When comparing it to the year 2019, there was an increase of about 250 million euros in sales.
Total sales of Signify (Philips Lighting) from 2015 to 2020
(in million euros)
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Signify. (February 23, 2021). Total sales of Signify (Philips Lighting) from 2015 to 2020 (in million euros) [Graph]. In Statista. Retrieved May 27, 2022, from https://www.statista.com/statistics/705981/annual-sales-of-philips-lighting-segment-of-the-philips-group/
Signify. "Total sales of Signify (Philips Lighting) from 2015 to 2020 (in million euros)." Chart. February 23, 2021. Statista. Accessed May 27, 2022. https://www.statista.com/statistics/705981/annual-sales-of-philips-lighting-segment-of-the-philips-group/
Signify. (2021). Total sales of Signify (Philips Lighting) from 2015 to 2020 (in million euros). Statista. Statista Inc.. Accessed: May 27, 2022. https://www.statista.com/statistics/705981/annual-sales-of-philips-lighting-segment-of-the-philips-group/
Signify. "Total Sales of Signify (Philips Lighting) from 2015 to 2020 (in Million Euros)." Statista, Statista Inc., 23 Feb 2021, https://www.statista.com/statistics/705981/annual-sales-of-philips-lighting-segment-of-the-philips-group/
Signify, Total sales of Signify (Philips Lighting) from 2015 to 2020 (in million euros) Statista, https://www.statista.com/statistics/705981/annual-sales-of-philips-lighting-segment-of-the-philips-group/ (last visited May 27, 2022)
