Signify, a publicly owned company headquartered in the Netherlands, specializes in Appliances, Electrical, and Electronics Manufacturing, with approximately 10,940 employees. The company reported EUR 6.9 billion in sales as of 2021. It focuses on lighting for professionals, consumers, and the Internet of Things, providing Philips products, Interact connected lighting systems, and data-enabled services. These offerings aim to deliver business value and transform life in homes, buildings, and public spaces.

Revenue

Founded

-

Headcount

10,933

Headquarters

Netherlands

Primary Segment

Appliances, Electrical, and Electronics Manufacturing

Ownership

Publicly Owned

News Summary:

Signify's lighting business was recently the subject of a research note on February 17, 2026, which detailed its 2025 annual results, announced on January 30, 2026, indicating declining sales for the year and a shift towards €180 million in cost reductions. The note also reviewed financial highlights for the overall business and its Professional Lighting segment, alongside a UK partnership and a Canadian acquisition. Previously, on February 16, Signify, in collaboration with Häme University of Applied Sciences and Aranet, participated in research in Lepaa, Finland, which found that greenhouse growers transitioning to LED systems from high-pressure sodium lighting might need to adjust climate and heating strategies to prevent tip burn, as calcium delivery to plant heads was ineffective under a hybrid system. Earlier, on February 14, Signify launched a targeted share buyback program. This followed a strategic partnership agreement signed on February 12 in Amsterdam with Libya’s National Development Agency, where Signify CEO As Tempelman and Director General Dr. Mahmoud Al-Furjani formalized the deal to enhance international cooperation and support sustainable development projects in Libya.
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