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Sales revenue of Signify 2015-2019, by country

As of 2019, a large share of the revenue of Signify (formally known as Philips Lighting) was generated in the United States In 2019, over 1.31 billion euros of revenue came from the U.S., whereas 515 and 418 million euros of Signify’s revenue originated in the Netherlands and Germany, respectively. However, observing the sales revenue by geography, most of the sales of Signify originated from Europe. Specifically, 36 percent of the sales was generated within Europe, whereas nearly 30 percent came from the Americas.

Professional business group generated most revenue

Signify is a Dutch producer of lighting sources and formally a division of Philips. In May 2018, Philips Lighting changed their name to Signify, but can use the brand name Philips for their products until 2030. Looking at the total revenue of approximately 6,36 billion euros, roughly 2.63 billion euros came from the Professional business group. The LED and Lamps groups combined generated 3.24 billion euros.

Slight decrease in net income in 2018

The total net income of Signify increased significantly from 185 million euros in 2016 to 281 million euros in 2017. However, in 2018 it deceased slightly reaching approximately 260 million euros.

Sales revenue of Signify (Philips Lighting) from 2015 to 2019, by country

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Source

Release date

February 2020

Region

Worldwide, Netherlands

Survey time period

2015 to 2019

Supplementary notes

The figures have been taken from several publications.

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