Below are the financial statements of Signify, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of EUR | 2024 | 2023 |
|---|---|---|
| Sales | 6,143a | 6,704a |
| Cost of sales | -3,701a | -4,146a |
| Gross margin | 2,442a | 2,558a |
| Selling, general and administrative expenses | -1,736a | -1,882a |
| Research and development expenses | -266a | -308a |
| Impairment of goodwill | 0a | 0a |
| Other business income | 41a | 24a |
| Other business expenses | -3a | -23a |
| Income from operations | 477a | 369a |
| Financial income | 42a | 32a |
| Financial expenses | -124a | -134a |
| Results from investments in associates | -1a | 0a |
| Income before taxes | 394a | 268a |
| Income tax expense | -60a | -53a |
| Net income | 334a | 215a |
| Attribution of net income for the period: | — | — |
| Net income (loss) attributable to shareholders of Signify N.V. | 328a | 203a |
| Net income (loss) attributable to non-controlling interests | 6a | 12a |
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