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
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Silanna UV is pleased to announce the release of its next generation Far UVC LED, the SF2-3T9B5L1-TB, which exceeds even the popular SF1 series, with UVC wavelengths down to 230nm (typical 233nm); doubled output power; and 2x improvement in te... READ MORE

As automotive design continues to evolve, the demand for sleek, distinctive front lighting has never been greater. Thin, continuous light lines are becoming a defining element of vehicle identity, balancing aesthetics with functionality. In re... READ MORE