Philips
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Philips CEO sees subdued China sales this year
PHILIPS CEO Roy Jakobs said he still expects subdued demand in China this year due to healthcare anti-corruption efforts by the Chinese government that has hurt revenue there for Western companies.
Philips cuts annual sales outlook on weak demand from China
It was hit by an anti-corruption campaign across China’s health-care sector
Philips posts Q2 beat boosted by its restructuring plan
Philips reported second-quarter results that beat analysts’ expectations on Monday (Jul 29), boosted by higher earnings and the implementation of its restructuring programme.
Philips’ second-biggest investor raises stake after apnoea deal
This comes after Exor, its largest shareholder, increased shareholding in the company to 17.5% from 16.1%
Billionaire Agnellis boost stake in Philips to US$4.19 billion
The Agnellis’ Exor now owns 17.51 per cent of Philips
Philips raises full-year outlook as Q3 profit jumps
DUTCH health technology company Philips on Monday (Oct 23) raised its full-year outlook as it beat analysts’ expectations for third-quarter core profit and comparable sales.
ASML to hire 100 researchers leaving Philips
DUTCH semiconductor equipment maker ASML will hire 100 researchers who are leaving Philips, the companies said on Tuesday (Jul 18).
Philips says tests on 95% of recalled devices show limited risks
Dutch medical devices maker Philips said on Tuesday (May 16) that independent tests had shown 95 per cent of its respiratory devices involved in a major global recall had shown limited health risks.
Philips shares jump on recall provision and profit improvement
PHILIPS shares jumped 13 per cent on Monday (Apr 24) as the Dutch health technology company reported much better than expected first-quarter results and said it had set aside 575 million euros (S$844 ...
