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 2022 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 2022 was the highest at roughly 532 million euros.
Net income of Signify (Philips Lighting) from 2015 to 2022
(in million euros)
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Signify. (February 28, 2023). Net income of Signify (Philips Lighting) from 2015 to 2022 (in million euros) [Graph]. In Statista. Retrieved October 14, 2024, from https://www.statista.com/statistics/826955/net-income-of-philips-lighting/
Signify. "Net income of Signify (Philips Lighting) from 2015 to 2022 (in million euros)." Chart. February 28, 2023. Statista. Accessed October 14, 2024. https://www.statista.com/statistics/826955/net-income-of-philips-lighting/
Signify. (2023). Net income of Signify (Philips Lighting) from 2015 to 2022 (in million euros). Statista. Statista Inc.. Accessed: October 14, 2024. https://www.statista.com/statistics/826955/net-income-of-philips-lighting/
Signify. "Net Income of Signify (Philips Lighting) from 2015 to 2022 (in Million Euros)." Statista, Statista Inc., 28 Feb 2023, https://www.statista.com/statistics/826955/net-income-of-philips-lighting/
Signify, Net income of Signify (Philips Lighting) from 2015 to 2022 (in million euros) Statista, https://www.statista.com/statistics/826955/net-income-of-philips-lighting/ (last visited October 14, 2024)
Net income of Signify (Philips Lighting) from 2015 to 2022 (in million euros) [Graph], Signify, February 28, 2023. [Online]. Available: https://www.statista.com/statistics/826955/net-income-of-philips-lighting/