Bergur Thormundsson
Research expert covering technology in the Nordics, AI and smart cities
Get in touch with us nowNet income of Signify (Philips Lighting) 2015-2021
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 2021 was the highest at roughly 407 million euros.
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 2021 was the highest at roughly 407 million euros.
