On April 21, Philips Lighting announced its first quarter 2017 financial results. The company achieved revenue of 1.69 billion euros in January-March 2017, down 0.7% from 1.720 billion euros in the first quarter of 2016; adjusted EBITDA The previous profit was 142 million euros, compared with 121 million euros in the same period last year. Eric Rondolat, CEO of Philips Lighting, said: "The decline in revenue in the first quarter of 2017 was slower than in previous quarters, driven by double-digit growth in LED lighting and home lighting systems." The first quarter of 2017 financial report focus Sales amounted to 1.69 billion euros, comparable to a 0.8% decline in sales, compared to the 1.3% decline in the first quarter of 2016, improved; Overall LED sales increased by 19%, accounting for 61% of all business sales; Business profitability continued to grow year on year; The adjusted profit before interest, taxes, depreciation and amortization (Adjusted EBITA) was 142 million euros, compared with only 121 million euros in the same period last year; Adjusted EBITA margin increased by 130 basis points to 8.4%, compared to 7.1% in the same period last year; Net income reached 61 million euros, compared with only 14 million euros in the same period last year; Free cash flow reached 2 million euros, compared with -7 million euros in the same period last year. Outlook In 2017, it is expected that the adjusted profit margin before interest, taxes, depreciation and amortization will further increase by 50-100 basis points, in line with the medium-term outlook that the company will gradually increase the adjusted profit margin before interest, taxes, depreciation and amortization to 11-13%. In addition, the company will continue to focus on providing solid free cash flow. While cautious about global economic uncertainty, the company is still committed to achieving the ambition of comparable growth in 2017.
The biggest difference between Home Theater Projector and ordinary business projectors is the resolution and ease of use. Most of the mainstream Home Theater Projectors have a resolution of 1080P Full HD, and are equipped with an intelligent system, which makes the projector more convenient to use. Home Theater Projector mainly pursues brightness, color, and contrast, which can bring users an immersive and realistic experience.
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2. Diverse uses: Home Theater Projector will be equipped with intelligent systems, which contain a large number of film sources. In addition, the projector can also be connected to different devices through different interfaces, such as game consoles, computers, U disks, etc. Only one machine can realize online drama, listening to songs, games, office and other functions.
3. Diffuse reflection eye protection: Home Theater Projector uses the principle of diffuse reflection to form images, which is less harmful to the eyes than the LCD screen.
4. Diverse usage scenarios: Home Theater Projector can adapt to different sizes of bedrooms, living rooms and even dedicated audio-visual room scenes due to its different brightness.
According to the increase of people's needs, the forms of Home Theater Projector are also becoming more and more diverse. In the past, people's impression of Home Theater Projector was mostly a square box placed on a cabinet or suspended from the ceiling, but there are already portable projectors that take into account both the sense of use and the size. In addition to portable micro-projectors, larger home laser TVs are also developing rapidly. Many users have abandoned traditional LCD TVs and opted for home projectors when decorating. It can also be seen from this that Home Theater Projector has a trend of gradually replacing LCD TVs.