EBITA of Signify (Philips Lighting) 2015-2022
Signify, before May 2018 officially known as Philips Lighting, was Philips' light division. Philips, now active in medical equipment, and Philips Lighting split up in 2016 and are now separate companies, each with their own IPO. Signify, however, is allowed to use the brand name "Philips" for their products up until 2030. The earnings before interest, taxes and amortization (EBITA) of Signify amounted to 844 million euros in 2022, representing an an increase of over 200 millions euros compared to 2021.