2017-01-26

Philips Lighting’s 2016 Annual Results Shows Steady Growth in LED Sales

Sales of EUR 7.12 billion (US $7.66 billion), with comparable sales of -2.4% (2015: -3.5%) Continued year-on-year improvement in operational profitability Adjusted EBITA of EUR 645 million (2015: EUR 547 million Adjusted EBITA margin improvement of 180 basis points to 9.1% (2015: 7.3%)  Net income of EUR 185 million (2015: EUR 240 million), including EUR 143 million charges not applicable in 2015 for brand license, separation costs and financial expenses  Free cash flow of EUR 418 million (2015: EUR 632 million) or 5.9% of sales
Continue reading

Nichia, the world's largest LED/Laser Diode manufacturer and inventor of high-brightness blue and white LEDs, is pleased to announce that it is currently advancing the joint development of an intravascular laser irradiation system with Ill... READ MORE

ams OSRAM, a global leader in innovative light and sensor solutions, will showcase how its latest solutions are powering game-changing applications in nearly every industry at CES 2026 in an invite-only meeting room at the Venetian Expo. Top e... READ MORE