The statistic displays the sales revenue of Signify (Philips Lighting) by in 2019, by business group (in million euros). 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.
Between 2019 and 2020, the business group changed into different divisions. As of 2022, sales in the business division "Digital solutions" were highest and accounted for the largest share in sales revenue for the year. Digital solutions sales generated roughly 4.23 billion euros, whereas conventional products sales, which generated 793 million euros, were lowest.
Total sales revenue of Signify (Philips Lighting) in 2019 and 2022, by business group
(in million euros)
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Signify. (February 28, 2023). Total sales revenue of Signify (Philips Lighting) in 2019 and 2022, by business group (in million euros) [Graph]. In Statista. Retrieved December 24, 2024, from https://www.statista.com/statistics/824636/sales-revenue-of-philips-lighting-by-business-group/
Signify. "Total sales revenue of Signify (Philips Lighting) in 2019 and 2022, by business group (in million euros)." Chart. February 28, 2023. Statista. Accessed December 24, 2024. https://www.statista.com/statistics/824636/sales-revenue-of-philips-lighting-by-business-group/
Signify. (2023). Total sales revenue of Signify (Philips Lighting) in 2019 and 2022, by business group (in million euros). Statista. Statista Inc.. Accessed: December 24, 2024. https://www.statista.com/statistics/824636/sales-revenue-of-philips-lighting-by-business-group/
Signify. "Total Sales Revenue of Signify (Philips Lighting) in 2019 and 2022, by Business Group (in Million Euros)." Statista, Statista Inc., 28 Feb 2023, https://www.statista.com/statistics/824636/sales-revenue-of-philips-lighting-by-business-group/
Signify, Total sales revenue of Signify (Philips Lighting) in 2019 and 2022, by business group (in million euros) Statista, https://www.statista.com/statistics/824636/sales-revenue-of-philips-lighting-by-business-group/ (last visited December 24, 2024)
Total sales revenue of Signify (Philips Lighting) in 2019 and 2022, by business group (in million euros) [Graph], Signify, February 28, 2023. [Online]. Available: https://www.statista.com/statistics/824636/sales-revenue-of-philips-lighting-by-business-group/
