Philips Lighting CEO Says Our Strategy Is Paying Off

The transcript discusses Philips Lighting's Q3 performance, highlighting a 1.3% growth and improved operating margins. The company is focusing on professional lighting contracts, forming an alliance with American Tower Corporation to integrate smart connectivity. The home unit is set to return to profitability, with new products like Hugh Entertainment enhancing user experience. Marketing efforts include collaboration with Amazon's ECHO Plus. Despite competition, the US market remains dynamic, with challenges in small to medium-sized projects.

What was the growth percentage of Philips Lighting in Q3?

• 3.0%

• 4.2%

• 2.5%

• 1.3%

Which company did Philips Lighting form an alliance with to enhance smart lighting connectivity?

• Samsung

• American Tower Corporation

• Google

• Microsoft

What is the expected profitability status of the home unit in Q4?

• Break-even

• Decline

• Profitable

• Loss

What new feature did Philips Lighting introduce to enhance home entertainment?

• Hue Entertainment

• Augmented Reality

• Smart Speakers

• Virtual Reality

Which company is Philips Lighting collaborating with to launch a new smart home campaign?

• Facebook

• Apple

• Google

• Amazon