Signify NV (Signify, manufactures and markets lighting products. It offers incandescent, specialty lighting, linear and compact fluorescent, high-intensity discharge, halogen, LEDs, fluorescent, electronic ballasts and drivers, among others. The company also provides integrated and customized lighting systems and light management services, including light design and engineering and remote monitoring and managed services. Signify markets its products under Philips, Interact, Philips Hue, Luceplan, WiZ, Color Kinetics and Modular brands. It markets products to commercial buildings, offices, hospitality, shops, industry, and outdoor environment sectors. The company operates in the Americas, Europe, the Middle East and Africa and Asia Pacific. Signify is headquartered in Eindhoven, the Netherlands.
Headquarters
Netherlands
Address
High Tech Campus 48, Eindhoven, 5656AE
Website
www.signify.com
Telephone
31 20 6091000
No of Employees
31,920
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
LIGHT (AMS)
Revenue (2022)
$7.2B
-10.8%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-61.3%
(2022 vs 2021)
Market Cap*
$3.9B
Net Profit Margin (2022)
XYZ
-56.5%
(2022 vs 2021)
* As of and is in US$
Signify NV premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| High-Intensity Discharge Lamps (HID) | Sevices: | Philips |
| Compact Fluorescent | Light Management Services | Interact |
| Halogen | Remote Monitoring Services | Philips Hue |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In March, the company entered into a partnership with Samsung SmartThings to enhance users' experience of TV entertainment by integrating surround lighting. |
| 2023 | New Products/Services | In August, the company announced the upcoming launch of new Hue lighting options. |
| 2023 | New Products/Services | In July, Signify Malaysia launched the Philips Ultra Efficient LED, Philips Solar Lighting and WiZ Smart Lighting for the Malaysian market. |
Competitor Comparison
| Key Parameters | Signify NV | General Electric Co | Acuity Brands Inc | OSRAM Licht AG | Wolfspeed Inc |
|---|---|---|---|---|---|
| Headquarters | Netherlands | United States of America | United States of America | Germany | United States of America |
| City | Eindhoven | Boston | Atlanta | Muenchen | Durham |
| State/Province | - | Massachusetts | Georgia | Bayern | North Carolina |
| No. of Employees | 31,920 | 125,000 | 12,200 | 21,200 | 4,802 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Maria Letizia Mariani | Chief Commercial Officer | Senior Management | 2020 | 63 |
| Zeljko Kosanovic | Chief Financial Officer - Acting | Senior Management | 2024 | - |
| Arthur Van Der Poel | Chairman | Non Executive Board | 2016 | 75 |
| Gerard Van De Aast | Vice Chairman | Non Executive Board | 2017 | 66 |
| Pamela Knapp | Director | Non Executive Board | 2020 | 65 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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