Third quarter 20221 Signify's installed base of connected light points increased from 103 million in Q2 22 to 109 million in Q3 22 Sales of EUR 1,912 million; nominal sales increase of 16.3% and CSG of 4.3% LED-based sales represented 83% of total sales (Q3 21: 83%) Adj. EBITA margin of 10.4% (Q3 21: 11.1%) Net income of EUR 112 million (Q3 21: EUR 94 million) Free cash flow of EUR 135 million (Q3 21: EUR 85 million) Net debt/EBITDA ratio of 1.5x (Q3 21: 1.8x) Eindhoven, the Netherlands – Sig...

  September 27, 2022 Signify and Upciti to partner to help cities and utilities across North America leverage their street lighting infrastructure to improve transportation, public safety and sustainability   New connected sensor technology to support smart parking, crowd detection and traffic management applications City of Albany, New York to pilot sensor solution and extend the value of Signify’s connected LED luminaires and Interact IoT system, deployed as part of NYPA’s Smart Street Lighting program Bridg...

The SpaceSense™ feature from Signify offers a new way to automate your lights using Wi-Fi sensing technology for the WiZ lighting system WiZ also comes with new luminaires, a control accessory and a range of new features for the new WiZ app V2   Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, introduces a new app, features and products for its WiZ smart lighting system to enhance users’ daily convenience. The new offerings include SpaceSense™, a motion detection technology f...

Groundbreaking motion detection turns your lights on and off without the need for sensors The SpaceSense™ feature from Signify offers a new way to automate your lights using Wi-Fi sensing technology for the WiZ lighting system WiZ also comes with new luminaires, a control accessory and a range of new features for the new WiZ app V2 Eindhoven, The Netherlands. Signify (Euronext: LIGHT), the world leader in lighting, introduces a new app, features and products for its WiZ...

Guildford, UK– Signify (Euronext: LIGHT), the world leader in lighting, has been appointed by Frasers Group to design and supply the lighting for all 69 Everlast Gyms across the UK. The lighting upgrade is part of the Fraser Group’s ‘elevation strategy’ to develop a unique model within the UK fitness industry and offer an unparalleled class and gym experience for Everlast members and visitors which is both inclusive and immersive.     In addition, designing the gyms with LED lighting dramatical...

  Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, has expanded its Ultra Efficient product lineup with its most energy-efficient LED tube to date. Thanks to its high efficacy, the Philips MASTER LEDtube UE can help customers tackle the global energy crisis, mounting pressure to lower carbon footprints, and stricter EU regulation.   Signify last year broke new ground with the launch of the Philips LED A-class bulb, which consumes 60% less energy than a standard Phil...

LiFi offers additional layer of data security and reliable communications infrastructure for defense personnel in challenging, high-risk operational locations BRIDGEWATER, N.J.--(BUSINESS WIRE)--Signify (Euronext: LIGHT), the world leader in lighting, has entered into a strategic technology collaboration with Intelligent Waves, developer of the award-winning, cyber-defense solution, GRAYPATH. Together, Signify’s game-changing LiFi solution, Trulifi, and the GRAYPATH software use invisible light waves to e...

Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, has completed the acquisition of Fluence from ams OSRAM (SIX:AMS). The transaction strengthens our global Agriculture lighting growth platform and extends our position in the attractive North American horticultural lighting market.    “We’re excited to welcome the team from Fluence and to start working together to drive horticultural lighting innovation and create value for growers around the globe,” said Harsh C...

Signify reports first quarter sales of EUR 1.8 billion, CSG of 6.4% and an operational profitability of 10.5% First quarter 20221 Signify's installed base of connected light points increased from 96 million in Q4 21 to 100 million in Q1 22 Sales of EUR 1,788 million; nominal sales increase of 11.8% and CSG of 6.4% LED-based sales represented 84% of total sales (Q1 21: 82%) Adj. EBITA margin of 10.5% (Q1 21: 10.8%) Net income of EUR 87 million (Q1 21: EUR 60 million) Free cash flow of EUR -189 million (Q1 21: EUR 168 ...

Signify publishes its first-ever Climate Action Report, illustrating our progress in taking climate action across our entire value chain   Remained carbon neutral in all our operations, a status we achieved in September 2020, using 100% renewable electricity On track to double the pace of the Paris Agreement 1.5°C scenario1 Generated between 61% and 64% Climate action revenues, on track with our 72% target for 2025   Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, has publis...

At Signify, we value peace, unity and humanity above all else. We unequivocally condemn the devastating war in Ukraine and are extremely concerned and saddened at the loss of life and the impact on the civilian population. Our businesses have been discontinued in Ukraine and our absolute priority is to support our Signify teams and their families. We are keeping in daily contact with all our employees in Ukraine and monitoring their safety conditions. We are providing unrestricted financial support to our Ukraine employees and their families, based on individual circumstances. ...

Combines the strong R&D and innovation capabilities of a world leader with the significant network of a Pacific-based company with a heritage spanning more than 70 years Unites Pierlite’s indoor portfolio with Signify’s comprehensive Philips brand of indoor and outdoor lighting portfolios Adds Pierlite’s access to the wholesale channel to Signify’s go-to-market approach and strategy in the Pacific Closing is expected in the second quarter, subject to customary closing conditions   Sydney, Australia – Signify (Euronex...

Fourth quarter 20211 Sales of EUR 2,008 million; comparable sales growth of 4.5% Order book increase of 67% in Q4 21 vs. Q4 20 Adj. EBITA margin of 13.2% (Q4 20: 13.4%) Net income of EUR 170 million (Q4 20: EUR 137 million) Free cash flow of EUR 257 million (Q4 20: EUR 332 million) Repayment of EUR 350 million of debt, as committed   Full year 2021 Signify's installed base of connected light points increased from 77 million at YE 20 to 96 million at YE 21 Sales of EUR 6,860 million; comparable s...

The two companies have agreed to cooperate in innovation, development, and commercialization of pervasive multi-gigabit wireless connectivity for digital cities PETACH TIKVA, Israel and EINDHOVEN, Netherlands, Jan. 24, 2022 /PRNewswire/ -- Siklu, a global leader in millimeter wave (mmWave) solutions for Digital City, Gigabit Wireless Access (GWA), and Mobile x-Haul, and Signify (Euronext: LIGHT), the world leader in lighting, today announced a strategic partnership agreement to add Siklu's MultiHaul™ TG multi-gigabit wireless con...

Gradual shifts in light color and intensity can reduce stress in chickens Signify, the world leader in lighting, introduces the first dynamic lighting system to improve the well-being of poultry. Gradual shifts in light color and intensity throughout the day optimize the chickens’ circadian rhythm and reduce stress in chickens, improving their health and farmers’ yields. The new lighting systems are brought to market under the name ONCE, Signify’s animal lighting specialty brand. ONCE NatureDynamics helps farmers to adjust intensity, photoperiod, and ...

Adds Fluence’s complementary technology and market segments to Signify’s existing horticultural lighting operations Provides Signify with access to Fluence’s strong multi-channel go-to-market approach in attractive North American horticultural lighting market Fluence to operate as an entity within Signify’s agricultural lighting business in Division Digital Solutions Closing is expected in the first half of 2022, subject to regulatory approvals and other conditions   Eindhoven, the Netherlands &nd...

Signify reports third quarter sales of EUR 1.6 billion, operational profitability of 11.1% and a free cash flow of EUR 85 million     Third quarter 20211 Signify's installed base of connected light points increased from 86 million in Q2 21 to 92 million in Q3 21 Sales of EUR 1,643 million; Comparable Sales Growth of -4.8%, impacted by global supply chain disruptions Order book increased by 90% in Q3 21 vs. Q3 20 LED-based sales represented 83% of total sales (Q3 20: 82%) Adj. EBITA margin of 11.1% (Q3 20: 11.5%) Net...

Signify’s Color Kinetics and Lumec solutions have transformed this iconic city landmark for the next generation of film production and community engagement.     Photo Credits: ©Forman & Associates   The Terminator, Kill Bill, Bon Jovi’s “It’s My Life” and the Weeknd’s “Blinding Lights” – what do these movies and music videos have in common? All feature Los Angeles’ (LA) 2nd Street Tunnel.   Dubbed the most recognizable city landmark most Americans have n...

Signify LED’s to enhance road safety and improve driving experience in one of Europe’s longest road tunnels   Specially designed tunnel luminaires to illuminate the 18-kilometer-long Stockholm E4 bypass tunnel New tunnel lights to provide the perfect transition between daylight and tunnel lighting, improving road safety and driver comfort Integrated LED tunnel lighting system to ease operations, and lower maintenance and energy costs     Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the w...

Create cozy reading corners with the new WiZ Hero table lamp Paint your walls with light with the portable WiZ Squire lamp Transform every room with WiZ’s connected ceiling lights Make any socket smart with the WiZ Smart Plug with energy monitoring function   Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, announces a new range of WiZ smart lighting products for daily convenience. With WiZ’s ecosystem and newest product range — consisting of smart table lamps, ceilin...

Good for planet and purse: Signify introduces Philips LED’s first most energy-efficient A-class bulbs   New Philips LED A-class bulbs consume 60% less energy compared to standard Philips LED bulbs and have a longer lifespan Provides consumers with a smart investment for the planet and their purse Philips LED’s new and improved regular A-shape bulbs will be available starting September 1, 2021   Eindhoven, the Netherlands – Signify (Euronext: LIGHT), (Euronext: LIGHT), the world leader in lig...

Transforms previously poorly lit spaces so residents can make their daily commute to work, school or leisure Enables extended opening hours, helping small businesses to generate more income, expanding employment opportunities and giving a boost to the local commerce ecosystem Benefits an estimated 25,000 inhabitants, further enabling productivity, safety, cultural and economic growth across the community   Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, has through the ...

Second quarter 20211 Signify's installed base of connected light points increased from 83 million in Q1 21 to 862 million in Q2 21 Sales of EUR 1,609 million; 9.6% nominal sales growth and CSG of 14.1% LED-based sales represented 82% of total sales (Q2 2020: 80%) Adj. EBITA margin improved by 190 bps to 10.9% Net income increased to EUR 82 million (Q2 20: EUR 81 million) Free cash flow of EUR 104 million (Q2 20: EUR 158 million) Net debt/EBITDA ratio of 1.7x (Q2 20: 2.4x)   Eindhoven, the Netherlan...

Due to pressures felt throughout the global supply chain, including raw materials, commodities and logistics, Signify will implement price increases for a select portion of our professional lighting products, effective August 9, 2021. The price increases will occur within our Genlyte Solutions collection of luminaire brands and our Lamps and LED Electronics portfolios, namely the Philips and Advance brands. LED Lamps will increase an average of 5% Conventional Lamps will increase an average of 3% LED Electronics will increase an average of 3% Lamp El...

Royal Theater Carré in Amsterdam and Theater De Ruchte in Someren are pioneering the use of Philips UV-C disinfection upper air luminaires in theaters The UV-C technology provides an additional layer of protection against infection on top of existing governmental guidelines UV-C disinfection upper air luminaires in test setup inactivated 99.99% of SARS-COV-2 in the air of a room within 10 minutes1   Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, is helping theater goers in th...

Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, announces today that it acquiredTelensa Holdings Ltd, a UK-based expert in wireless monitoring and control systems for smart cities. With Telensa, Signify adds a narrow-band and TALQ-compliant solution to its feature-rich, open and secured systems. This will enable Signify to service a broader group of customers, by making smart city infrastructure affordable to cities utilizing the unlicensed radio space. Telensa will continue to sell its systems under its own brand ...

The Taiwanese government raised its COVID-19 alert to Level 3 amid a spike in domestic cases. To help with epidemic prevention, Signify, formerly known as Philips Lighting, developed a UV-C disinfection trolley that can break down 99% of SARS-CoV-2 virus in 6 seconds. Moreover, Signify has donated 10 trolleys to Taipei City in an attempt to stand with healthcare workers, police, and firefighters combating the pandemic. Coronavirus can last for a long time on specific surfaces, particularly on stainless steel and plastic surfaces for up to 3 days; expanded sp...

Optimizes fan, broadcasting, and viewer experience ahead of Europe’s biggest international football tournament Enables greater flexibility for bespoke pre- and post-match entertainment Upgrades lighting in six of Europe’s top football stadiums, including Amsterdam, Munich and Rome Eindhoven, Netherlands - Signify (Euronext: LIGHT), the world leader in lighting, has upgraded the lighting of six of Europe’s top stadiums, perfectly on time for&nbs...

Improves app performance and enhances the user experience with easier automations, a new Hue scene gallery and more Serves as the foundation for the future of smart lighting Includes familiar user interface elements from the previous Philips Hue app and has been transformed to become sleeker than ever before.   Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, is further enhancing the user experience of millions of Philips Hue users around the globe as it launches the fourth generation of the Philips H...

Photo Credit: Signify Provides first universal HID replacement product in the market for easy switch to LED Results in fast and easy installation Offers energy savings of up to 65% Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, has introduced its new Philips TrueForce LED highbay universal lamps that are easy to install, save energy with low initial investment and are particularly suitable for industrial use, in warehouses, and retail areas. As such, LEDs can have a meaningful contribution to the E...