Company Overview of Philips Lighting B.V.
Philips Lighting B.V. designs and manufactures lighting equipment. It offers incandescent and halogen lamps, compact and normal fluorescent lamps, high-intensity gas-discharge and special lamps, fixtures, ballasts, lighting electronics, automotive lamps, and batteries. The company was founded in 1972 and is based in Eindhoven, the Netherlands. Philips Lighting B.V. operates as a subsidiary of Koninklijke Philips N.V.
Eindhoven, 5600 JM
Founded in 1972
31 402 75 58 93
31 402 75 60 38
Key Executives for Philips Lighting B.V.
Compensation as of Fiscal Year 2016.
Philips Lighting B.V. Key Developments
Philips Lighting Announces Earnings Results for the Second Quarter and First Half of 2016
Jul 22 16
Philips Lighting announced earnings results for the second quarter and first half of 2016. For the quarter, the company reported sales of EUR 1,734 million against EUR 1,849 million a year ago. Adjusted EBITA was EUR 161 million against EUR 139 million a year ago. EBIT was EUR 96 million against EUR 100 million a year ago. Net income was EUR 57 million against EUR 95 million a year ago. Free cash flow income was EUR 60 million against negative of EUR 82 million a year ago. Basic EPS was EUR 0.37.
For the first half, the company reported sales of EUR 1,327 million against EUR 1,321 million a year ago. Adjusted EBITA was EUR 282 million against EUR 249 million a year ago. EBIT was EUR 167 million against EUR 155 million a year ago. Net income was EUR 71 million against EUR 125 million a year ago. Negative free cash flow was EUR 18 million against free cash flow of EUR 74 million a year ago. Basic EPS was EUR 0.47.
Philips Lighting B.V. Reports Earnings Results for the First Quarter Ended March 31, 2016
May 3 16
Philips Lighting B.V. reported earnings results for the first quarter ended March 31, 2016. For the quarter, the company reported sales of EUR 1,702 million against EUR 1,727 million a year ago. Income from operations was EUR 77 million against EUR 55 million a year ago. EBITA was EUR 100 million against EUR 81 million a year ago. Adjusted EBITDA was EUR 121 million against EUR 110 million a year ago.
Aisle411 Partners with Philips on Supermarket Lighting
Mar 15 16
Aisle411 is partnering with Philips Lighting in its new system that uses lights as a positioning system to allow customers with smartphones to access new location based services. Philips is partnering with Aisle411, led by co-founders Nathan Pettyjohn and Matthew Kulig, to deliver a comprehensive end-to-end capability, including professional services such as digital store mapping, product search and analytics. Terms of the deal weren't immediately available.
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