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Sales revenue of Signify (Philips Lighting) 2016-2018, by market

Total sales revenue of Signify (Philips Lighting) from 2016 to 2018, by market (in million euros)

by Lars Kamer, last edited Sep 6, 2019
Sales revenue of Signify (Philips Lighting) 2016-2018, by market In 2018, Signify generated the most revenue in Europe and the Americas. Approximately three billion euros of sales revenue came from the European market, whereas just over 1.8 billion euros were from the Americas market. Categorizing the sales revenue by country, 1.36 billion euros of Signify’s products were sold in the United States, whereas roughly 550 million euros of its sales were made in the Netherlands.

Annual decrease in sales revenue of Signify

Signify is a Dutch producer of lighting sources and was formerly a division of Philips (Philips Lighting). However, Signify is allowed to use the brand name Philips for their products up until 2030. As of 2018, the total sales of the lighting producer amounted to nearly 6.4 billion euros. This is a decrease compared to the previous years and the lowest sales revenue in the period between 2015 to 2018. Most of Signify’s sales came from the professional business area. 40 percent of the total sales were generated within the professional market, whereas the two divisions Lamps and LED had a share of 26 and 24 percent of the total sales, respectively.

Net income of Signify

As of 2018, Signify had a net income of roughly 260 million euros. This is a slight decrease compared to 2017, when the net income amounted to 281 million euros. The lowest net income was in 2016, when Signify generated 185 million euros.
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Total sales revenue of Signify (Philips Lighting) from 2016 to 2018, by market (in million euros)

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