2019-02-11

Signify Announces Stable Progress with LED Sales Increased in 2018

Signify, the largest lighting company in the world, reported its financial results for the fourth quarter and the fiscal year of 2018. With increased LED-based sales, the company announced improved adjusted EBITA margin for the fourth quarter of 2018. For the fourth quarter of 2018, Signify posted a revenue of EUR 1.73 billion (US$ 1.96 billion), dropped by 8.8% YoY. The adjusted gross margin was EUR 647 million (US$731.93 million) which declined 11.6% YoY. However, the adjusted EBITA of 4Q18 grew by 3.2% YoY at 214 million. For full year of 2018, the ...
Continue reading

WG Tech recently held an in-depth online discussion with Dr. Adi Abileah, former Chief Scientist at Planar Systems and a SID Fellow, to exchange insights on glass substrate based MiniLED technology innovation. Dr. Abileah, a globally respected... READ MORE

Signify, the world leader in lighting, launches Puzzle – the first luminaire of its kind to combine striking, continuous light with office compliance, task-ready performance and a breakthrough in sustainable design using 75% recycled PET... READ MORE