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Philips meets its ‘Healthy people, Sustainable planet’ targets and forges ahead with integrated ESG framework

February 23, 2021 Philips is one of the first health technology companies in the world that has become fully carbon neutral in its operations New integrated Environmental, Social and Governance framework with targets and action plans builds on current success to raise the bar for the company’s ESG performance over the next five years Amsterdam, […]

Philips publishes its Annual Report 2020

February 23, 2021 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today published its Annual Report 2020. Philips’ Annual Report 2020 will be on the agenda of the Annual General Meeting of Shareholders (AGM), to be held on May 6, 2021. The convocation notice and the agenda, […]

Philips provides update on composition of its Supervisory Board and proposes reappointment of Marnix van Ginneken as member of its Board of Management

February 23, 2021 Current Chairman Jeroen van der Veer and Vice-Chairwoman Mrs. Christine Poon to retire from Philips’ Supervisory Board after their third consecutive term, effective upon closing of the 2021 Annual General Meeting of Shareholders Mrs. Orit Gadiesh, Philips’ Supervisory Board member since 2014, to step down Philips’ Supervisory Board appoints Feike Sijbesma as […]

Philips introduces ClarifEye Augmented Reality Surgical Navigation to advance minimally-invasive spine procedures

February 2, 2021 Industry-first image-guided therapy solution combines imaging and augmented reality navigation into one system in the Hybrid Operating Room Unique 3D visualization technology – fully integrated in Philips’ Azurion platform – provides live feedback for accurate spine procedures Intra-operative guidance has been shown to increase clinical accuracy, with patients subject to fewer revision […]

Philips expands remote patient management with the introduction of Medical Tablet with advanced software

February 1, 2021 New solution available in North America, Europe and Japan provides remote access to patient data to improve workflows to better manage increases in patient volume Offers full remote information access, can be easily deployed and enables a fully portable setup in emergency situations, including COVID-19 Amsterdam, the Netherlands – Royal Philips (NYSE: […]

Philips and Rennes University Hospital sign 5-year technology, research and innovation partnership to advance patient care

January 25, 2021 Hospital will have access to Philips’ latest technologies and informatics solutions to enhance the diagnosis, treatment, monitoring and management of patients Multi-year strategic partnership will accelerate clinical research focused on image-guided minimally-invasive therapy, neurology, intensive care units and digital pathology Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global […]

Philips delivers Q4 sales of EUR 6.0 billion, with 7% comp. sales growth; income from cont. operations increases to EUR 608 million, Adjusted EBITA margin improves 110 bps to 19.0%, and operating cash flow increases to EUR 1,305 million

January 25, 2021 Fourth-quarter highlights •        Sales amounted to EUR 6.0 billion, with 7% comparable sales growth •        Comparable order intake increased 7% •        Income from continuing operations increased to EUR 608 million, compared to EUR 550 million in Q4 2019 •        Adjusted EBITA margin increased to 19.0% of sales, compared to 17.9% of sales […]