Trade Signify N.V. - LIGHT CFD

Trade Signify N.V. - LIGHT

About Signify NV

Signify NV, formerly Philips Lighting NV, is a company based in the Netherlands that provides lamps and lighting solutions. Its product portfolio includes, among others, incandescent lamps, halogen lamps, fluorescent lamps, linear fluorescent lamps (LFL), compact fluorescent lamps (CFL), high-intensity discharge lamps (HID) and light-emitting diodes (LED), as well as electronic components, such as electronic ballasts and drivers. The Company also provides integrated and customized lighting systems. Its service portfolio includes light management and value-added services, such as energy audits, light design and engineering, as well as remote monitoring and managed services. The Company operates through four segments: The Lamps segments comprises conventional lamps and lamp electronics; the LED segment focuses on LED lamps; the Professional segment includes lighting systems and services for professional consumers, and the Home segment covers consumer luminaries and home systems.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Signify NV revenues increased 6% to EUR6.86B. Net income applicable to common stockholders increased 22% to EUR397M. Revenues reflect Digital Solutions segment increase of 8% to EUR3.52B, Digital Products segment increase of 7% to EUR2.45B, Others segment increase of 21% to EUR23M, Other countries segment increase of 8% to EUR2.59B, United States (Country) segment increase of 6% to EUR2.14B.