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Net income of Signify (Philips Lighting) 2015-2020

Published by Arne Holst, Apr 21, 2021
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.

Net income fluctuated over the three year period, falling from 240 million euros in 2015 to below 200 million the following year. From 2017 to 2020 net income increased again (expect for 2018 with a slight decrease), whereas the net income of 2016 was the lowest recorded over the four year period, that of 2020 was the highest at roughly 335 million euros.

Net income of Signify (Philips Lighting) from 2015 to 2020 (in million euros)

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Source

Release date

February 2021

Region

Worldwide, Netherlands

Survey time period

2015 to 2020

Supplementary notes

The figures have been taken from several publications.

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