Tuesday, January 24, 2017

Philips light bulb still a gentleman – Eindhovens Dagblad

EINDHOVEN – Small bulbs for under the hood or a spot for a design-reading light. Worldwide there is still demand for it. While the old-fashioned bulbs by agri-environmental measures for years in the verdomhoekje sit, the running, finally, now to energy-efficient leds. For Philips Lighting is the reality is more nuanced, appeared Monday during the presentation of the annual results on the High Tech Campus in Eindhoven.

The lighting deserves still a lot of money with conventional lighting, such as incandescent bulbs and halogen lamps. One third of the total turnover of thick seven billion still comes from traditional lamps. And, as said the French ceo Eric Rondolat Monday: they will still probably be dozens of years to be sold. The company calls it the “last man standing-approach’. Whatever is left of the market for incandescent and halogen lamps, the group wants everything straining. “There will always be a market remain for traditional lighting and for the customers that such lamps want, we want to continue to provide.”

Declining market
Slightly more than half of the revenue of traditional market through the sale of special lamps with just a different size or shape than the standard light bulb. Yet it shrinks the market. And notice that Philips Lighting also. Last year was for more than half a billion euro less on old-fashioned lamps sold. A decrease was considered, but it was even less than where analysts that the company’s follow-on expected. But there was more earned: the profit from incandescent and halogen lighting increased with the thirty million to 435 million euros. “We are winning market share in a declining market”, said Rondolat, which all incandescent lamp-competition as soon as possible, wants to displace.

Read Tuesday more in the ED, or through the digital newspaper.

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