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Signify (formerly known as Philips Lighting) is a global provider of lighting products, systems, and services for professionals and consumers. The company develops, manufactures, and sells incandescent, halogen, fluorescent, and high-intensity discharge lamps for residential and professional applications, and electronic components, such as electronic ballasts and drivers for luminaire manufacturers. It also provides LED lamps comprising spots, bulbs, and tubes for professional and consumer channels, and LED electronic components consisting of LED drivers and modules for retail, hospitality, office, and outdoor applications.

TypePublic
Founded2016
HQEindhoven, NL
Websitesignify.com
Employee Ratings3.5

Latest Updates

Employees (est.) (Dec 2020)37,926(+19%)
Job Openings519
Revenue (FY, 2019)€6.2 B(-1%)
Share Price (Jun 2021)€53.4
Cybersecurity ratingBMore

Key People/Management at Signify

Eric Rondolat

Eric Rondolat

Chief Executive Officer (CEO) and Chairman of the Board of Management
Javier van Engelen

Javier van Engelen

Chief Financial Officer (CFO) and Member of the Board of Management
Maria Letizia Mariani

Maria Letizia Mariani

Member of the Board of Management
Pieter de Haan

Pieter de Haan

Board Member
Bas van Abel

Bas van Abel

Board Member
Stanley Anyetei

Stanley Anyetei

Board Member
Show more

Signify Office Locations

Signify has offices in Eindhoven, Olivos, Macquarie Park, Wien and in 59 other locations
Eindhoven, NL (HQ)
High Tech Campus 48
Olivos, AR
Dr. Nicolás Repetto 3656
Macquarie Park, AU
65 Epping Rd
Wien, AT
Kranichberggasse 4
Anderlecht, BE
Tweestationsstraat 80
São Paulo, BR
Rua Werner Von Siemens, 111 - Lapa de Baixo
Show all (63)

Signify Financials and Metrics

Signify Revenue

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Signify's revenue was reported to be €6.25 b in FY, 2019 which is a 1.7% decrease from the previous period.
EUR

Revenue (FY, 2019)

6.2b

Revenue growth (FY, 2018 - FY, 2019), %

(1.7%)

Gross profit (FY, 2019)

2.3b

Gross profit margin (FY, 2019), %

36.9%

Net income (FY, 2019)

267.0m

EBIT (FY, 2019)

401.0m

Market capitalization (4-Jun-2021)

6.6b

Closing stock price (4-Jun-2021)

53.4

Cash (31-Dec-2019)

847.0m

EV

7.6b
Signify's current market capitalization is €6.6 b.
Annual
EURFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

7.1b7.0b6.4b6.2b

Revenue growth, %

(2%)(9%)(2%)

Cost of goods sold

4.4b4.3b4.0b3.9b

Gross profit

2.7b2.7b2.4b2.3b
Quarterly
EURQ1, 2017Q2, 2017Q3, 2017Q4, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019

Revenue

1.7b1.7b1.7b1.9b1.7b1.5b1.6b1.7b1.5b1.5b1.5b1.8b

Cost of goods sold

1.0b1.0b1.0b1.2b1.0b970.0m978.0m1.1b927.0m926.0m967.0m1.1b

Gross profit

666.0m675.0m669.0m690.0m667.0m567.0m616.0m634.0m551.0m551.0m575.0m629.0m

Gross profit Margin, %

39%40%40%36%39%37%39%37%37%37%37%36%
Annual
EURFY, 2016FY, 2017FY, 2018FY, 2019

Cash

1.0b942.0m676.0m847.0m

Accounts Receivable

1.5b1.3b1.2b1.2b

Inventories

886.0m924.0m878.0m874.0m

Current Assets

3.7b3.4b3.0b3.2b
Quarterly
EURQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

935.0m612.0m605.0m833.0m598.0m534.0m733.0m621.0m639.0m

Accounts Receivable

1.5b1.4b1.4b1.2b1.2b1.3b1.2b1.1b1.2b

Inventories

982.0m1.1b1.1b957.0m1.0b994.0m943.0m999.0m1.0b

Current Assets

3.6b3.3b3.4b3.2b3.0b3.0b3.1b3.0b3.1b
Annual
EURFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

185.0m281.0m261.0m267.0m

Depreciation and Amortization

291.0m286.0m231.0m288.0m

Inventories

104.0m(124.0m)43.0m35.0m

Accounts Payable

42.0m17.0m(54.0m)21.0m
Quarterly
EURQ2, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

134.0m20.0m49.0m142.0m44.0m95.0m169.0m

Depreciation and Amortization

130.0m58.0m116.0m173.0m70.0m258.0m404.0m

Inventories

(246.0m)(54.0m)(86.0m)(93.0m)(52.0m)(113.0m)(135.0m)

Accounts Payable

(20.0m)(37.0m)(47.0m)(32.0m)3.0m92.0m4.0m
EURFY, 2016

Debt/Equity

0.9 x

Debt/Assets

0.3 x

Financial Leverage

2.7 x
Show all financial metrics

Signify Operating Metrics

FY, 2019

Facilities

13

Licenses

1 k

Patents

18.25 k

Projects (Interact City)

1 k
Show all operating metrics

Signify Acquisitions / Subsidiaries

Company NameDateDeal Size
Cooper Lighting SolutionsOctober 15, 2019$1.4 b
DynaliteJanuary 01, 2009
 Signify (China) Investment Co., Ltd
 Signify GmbH
 Signify Holding B.V.
 Signify Hong Kong Limited
 Signify Netherlands B.V.
 Signify North America Corporation
 Signify Poland Sp. z o.o.
 Signify Singapore Pte. Ltd.

Signify Revenue Breakdown

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Signify revenue breakdown by business segment: 8.3% from Home, 42.4% from Professional, 30.3% from LED, 18.6% from Lamps and 0.4% from Other

Signify revenue breakdown by geographic segment: 6.5% from Global Businesses, 29.7% from Rest of the World, 28.0% from Americas and 35.8% from Europe

Signify Cybersecurity Score

Cybersecurity ratingPremium dataset

B

80/100

SecurityScorecard logo

Signify Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

CSRHub logo

Signify Online and Social Media Presence

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Signify Frequently Asked Questions

  • When was Signify founded?

    Signify was founded in 2016.

  • Who are Signify key executives?

    Signify's key executives are Eric Rondolat, Javier van Engelen and Maria Letizia Mariani.

  • How many employees does Signify have?

    Signify has 37,926 employees.

  • What is Signify revenue?

    Latest Signify annual revenue is €6.2 b.

  • What is Signify revenue per employee?

    Latest Signify revenue per employee is €164.7 k.

  • Who are Signify competitors?

    Competitors of Signify include Cree, HELLA and OSRAM.

  • Where is Signify headquarters?

    Signify headquarters is located at High Tech Campus 48, Eindhoven.

  • Where are Signify offices?

    Signify has offices in Eindhoven, Olivos, Macquarie Park, Wien and in 59 other locations.

  • How many offices does Signify have?

    Signify has 63 offices.