On July 26, the global lighting leader Na Nafei released the second quarter of 2019 and the 2019 half-year report.
According to the report, the second quarter of 2019, Nonofei realized the sales of 1.477 billion euros (about 11.326 billion yuan), down 3.9% over the same period of the previous year. In 2019, Nino expressed its cost reduction, although sales have declined, but due to better operational capabilities and lower restructuring costs, Nuo Fei achieved net income of 50 million euros in the second quarter (about 383 million yuan. ), An increase of 73% over 29 million euros last year.
It is worth mentioning that the sales of LED business in the second quarter of 2019 increased from 70% in 2018 to 77%. The installation base of the connection spot is also increased from 47 million in the first quarter of 2019 to 50 million in the second quarter of 2019.
In the first half of 2019, Nuo Fei achieved sales of 2.955 billion euros (about 22.66 billion yuan), down 2.7% year-on-year.
Nonofife is a global leader in professional lighting, home lighting and Tonglian LED, and its intelligent interconnection has exceeded 50 million. Since its inception, Na Nufei has always played a pioneer role in lighting innovation, and actively promotes the implementation of countless innovation results. Today, Nuo Fei has developed from a single light source to smart interconnection, the future final goal is to be a real Internet of Things era lighting.
According to the financial report, Na Nafe is mainly composed of LED, professional products, home products and other business. Just in the second quarter of 2019, Nuofei Internet platform service, gardening, solar and LIFI showed a strong momentum.
Regarding the LED section, the second quarter of the LED lighting product was more powerful, and sales of 445 million euros were achieved, an increase of 0.4% over the same period of the previous year. The sales of LED electronics are relatively stable due to continuing to receive lower customer needs. In the first half of the year, Nono flying the business achieved sales of 894 million euros, an increase of 0.7% over the same period of the previous year.
Regarding the professional product part, due to the low level of the European market, Saudi Arabia SASO product re-certification and India, the second quarter achieved sales of 632 million euros, down 3.2% in the same period. In this regard, Nonofei said that the sales decline is that the market demand in public and outdoor projects is weak, especially in the European market, but the US and the Chinese market have a strong performance in these two aspects.
Of course, based on the above reasons, Nonfei professional lighting has been influenced throughout the first half of the year. According to the earnings report, the sales part of Nuofei professional lighting in the first half of 2019 achieved 1.2% of the sales of 1.2% year-on-year.
Regarding the home product part, Nonofa achieved sales of 107 million euros in the second quarter of 2019, an increase of 20.4% year-on-year; in the first half of 2019, the sales of home product business reached 222 million yuan, which grew than the same period of the previous year. 22.9%. Nuo Fei said, "In the context of the European market, we feel the strong demand for the Internet for the Internet."
Eric Rondolat, CEO, said, "We are satisfied with the continuous improvement of the operational profitability and cash flow in the second quarter. The decline in sales is mainly due to the economic downturn in Europe and some of the special markets. The situation. Although the market environment is still full of challenges, our growth platform is the steady development momentum, our unremitting attention and powerful free cash flows make us full of confidence in the future. "
On May 16, last year, Philips lighting officially announced that the world has changed its name to Nonfei, and enabled the new Greater China Headquarters Building with intelligent interconnection technology. As of now, it has been renamed has been more than a year. With a deep market heritage, solid technical foundation, the fruitful innovation consciousness, the perfect service system and excellent brand awareness, Nonofeng has achieved fruitful fruit. It not only has a number of important landmarks at home and abroad, but also further extension in the field of subdivision, and take a big step on the transition path.
"We believe that our LEDs, professional products, and home product business profits will grow in 2019, which is expected to achieve 2% to 5% comparable to sales growth." Eric rondola was finally mentioned. , Read the full text, original title: Nonofe is over 220.6 billion in the half year, home lighting performance is strong [high work LED · close-up]
Article Source: [Micro Signal: Weixin-GG-LED, WeChat public number: 10th LED lighting] Welcome to add attention! Please indicate the source of the article.
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