From the personal wireless intelligent lighting system "hue" to the most eye-catching two world-class 3D printed lighting fixtures. Philips has been leading the lighting industry's rapid transition from traditional lighting applications to energy efficient LED lighting.
On April 22, Philips announced its first quarter (January-March) earnings report for 2014. The financial report showed that Philips announced that its first quarter of 2014 revenue decreased by 4.5% to 5.02 billion euros; pre-tax pre-earnings surplus (EBITA) ) decreased by 21.9% year-on-year to 314 million euros; net profit decreased by 15% to 137 million euros.
In the first quarter of Philips, sales of the lighting division decreased by 4.2% year-on-year to 1.892 billion euros; EBITA decreased by 6.1% to 138 million euros. Among them, the sales of LED products increased by 37% annually, accounting for 33% of the sales of Philips Lighting, which was higher than the sales of 23% a year ago.
The reporter flipped through Philips' third-quarter earnings report for 2013. In the third quarter of 2013, the LED business in the lighting division grew by 33%, accounting for 30% of the overall lighting business.
On April 22, Philips announced its first quarter (January-March) earnings report for 2014. The financial report showed that Philips announced that its first quarter of 2014 revenue decreased by 4.5% to 5.02 billion euros; pre-tax pre-earnings surplus (EBITA) ) decreased by 21.9% year-on-year to 314 million euros; net profit decreased by 15% to 137 million euros.
In the first quarter of Philips, sales of the lighting division decreased by 4.2% year-on-year to 1.892 billion euros; EBITA decreased by 6.1% to 138 million euros. Among them, the sales of LED products increased by 37% annually, accounting for 33% of the sales of Philips Lighting, which was higher than the sales of 23% a year ago.
The reporter flipped through Philips' third-quarter earnings report for 2013. In the third quarter of 2013, the LED business in the lighting division grew by 33%, accounting for 30% of the overall lighting business.
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