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Signify

🌎 signify.com

Signify is the world leader in connected LED lighting systems, software, and services, formerly known as Philips Lighting. The company provides high-quality, energy-efficient lighting products and solutions for professionals, consumers, and the Internet of Things. With a strong commitment to sustainability, Signify has been recognized in the Dow Jones Sustainability World Index and holds an EcoVadis Platinum rating. The company operates globally, with a significant presence in over 70 countries and reported sales of EUR 6.7 billion in 2023.

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Signify - Latest News and Updates

• Signify's CEO stepped down following a decline in sales.
• Signify rebranded Philips MyCreation to Signify myCreation, focusing on sustainable and circular design with recycled materials and 3D printing.
• Signify announced their Q4 and annual results, highlighting sustainability and innovation as key success drivers.
• Signify's NatureConnect solution transformed the Mercedes-AMG PETRONAS F1 team's simulator control room in Brackley, UK, into a space simulating natural daylight, improving performance by up to 15%.
• Signify upgraded Copenhagen Airport with 3D-printed luminaires made from 55% recycled materials, achieving a 60% energy reduction.

• Signify partnered with Fundación River Plate to provide sustainable lighting to football fields in Argentina, enhancing community life and opportunities.
• Signify announced that CEO Eric Rondolat will step down after the AGM 2025 on April 25, 2025..
• Signify proposes to re-appoint Gerard van de Aast to the Supervisory Board for a two-year term, with the decision to be made at the AGM on April 25, 2025.
• Signify offers 'Light as a Service' where customers pay monthly for lighting levels instead of buying lighting equipment, allowing for operational cost savings and energy efficiency.
• Signify reported full-year 2024 sales of EUR 6.1 billion, operational profitability of 9.9%, and launched a share repurchase program of up to EUR 150 million for 2025.

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