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Koninklijke Philips NV (PHG.AS)

PHG.AS on Amsterdam Stock Exchange

35.33EUR
18 Apr 2019
Change (% chg)

€-0.16 (-0.44%)
Prev Close
€35.49
Open
€35.31
Day's High
€35.89
Day's Low
€35.19
Volume
3,561,262
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2,565,001
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€40.01
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€29.05

Latest Key Developments (Source: Significant Developments)

Philips And Vietnamese Hong Duc General Hospital Sign Multi-Year Strategic Partnership Agreement
Thursday, 11 Apr 2019 

April 11 (Reuters) - KONINKLIJKE PHILIPS NV ::PHILIPS AND VIETNAMESE HONG DUC GENERAL HOSPITAL SIGN MULTI-YEAR STRATEGIC PARTNERSHIP AGREEMENT.PHILIPS AND VIETNAMESE HONG DUC GENERAL HOSPITAL SIGN MULTI-YEAR STRATEGIC PARTNERSHIP AGREEMENT.  Full Article

Signify FY Net Income At 261 Million Euros
Friday, 1 Feb 2019 

Feb 1 (Reuters) - SIGNIFY NV ::SIGNIFY REPORTS FULL YEAR SALES OF EUR 6.4 BILLION, IMPROVEMENT IN OPERATIONAL PROFITABILITY BY 50 BPS TO 10.1% AND FREE CASH FLOW OF EUR 306 MILLION.FY LED-BASED SALES GREW BY 2.5% ON A COMPARABLE BASIS TO 71% OF SALES (FY 17: 65%); CSG TOTAL SIGNIFY -4.4%.FY REUTERS POLL: SALES EUR 6.41 BILLION; ADJUSTED EBITA EUR 632 MILLION; NET INCOME EUR 238 MILLION.FY ADJUSTED. INDIRECT COSTS DOWN EUR 224 MILLION ON A CURRENCY COMPARABLE BASIS, A REDUCTION OF 10%, OR 180 BPS OF SALES.2018 NET INCOME OF EUR 261 MILLION (FY 17: EUR 281 MILLION INCLUDING NET REAL ESTATE GAINS OF EUR 52 MILLION).FY ADJUSTED. EBITA MARGIN IMPROVED BY 50 BPS TO 10.1%, DESPITE A NEGATIVE CURRENCY IMPACT OF -50 BPS.FY FREE CASH FLOW OF EUR 306 MILLION.IN 2019, OUR GROWING PROFIT ENGINES (LED, PROFESSIONAL AND HOME COMBINED) ARE EXPECTED TO DELIVER A COMPARABLE SALES GROWTH IN RANGE OF 2 TO 5%.FY WORKING CAPITAL IMPROVED BY 20 BPS TO 8.4% OF SALES.OUR CASH ENGINE, LAMPS, IS EXPECTED TO DECLINE AT A SLOWER PACE THAN MARKET, IN RANGE OF -21 TO -24% ON A COMPARABLE BASIS.AIM TO REACH AN ADJUSTED EBITA MARGIN IN 2019 WITHIN RANGE OF 11 TO 13%.EXPECTS FREE CASH FLOW IN 2019 TO BE ABOVE 5% OF SALES.PROPOSES TO PAY A CASH DIVIDEND OF EUR 1.30 PER SHARE OVER 2018.WILL HAVE RETURNED EUR 1.1 BILLION TO SHAREHOLDERS SINCE IPO, INCLUDING 2018 DIVIDEND.  Full Article

Koninklijke Philips Collaborates With MIM Software
Thursday, 31 Jan 2019 

Jan 31 (Reuters) - KONINKLIJKE PHILIPS NV ::PHILIPS COLLABORATES WITH MIM SOFTWARE TO IMPROVE RADIATION THERAPY TREATMENT PLANNING.  Full Article

Koninklijke Philips Q4 Sales Amounted To 5.6 Billion Euros
Tuesday, 29 Jan 2019 

Jan 29 (Reuters) - KONINKLIJKE PHILIPS NV ::Q4 SALES AMOUNTED TO EUR 5.6 BILLION, WITH 5% COMPARABLE SALES GROWTH.Q4 OPERATING CASH FLOW INCREASED TO EUR 1,293 MILLION, COMPARED TO EUR 1,202 MILLION IN Q4 2017.Q4 INCOME FROM CONTINUING OPERATIONS INCREASED TO EUR 723 MILLION, COMPARED TO EUR 476 MILLION IN Q4 2017.  Full Article

Koninklijke Philips Q4 Income From Continuing Operations Increased To 723 Million Euros
Tuesday, 29 Jan 2019 

Jan 29 (Reuters) - KONINKLIJKE PHILIPS NV ::Q4 INCOME FROM CONTINUING OPERATIONS INCREASED TO EUR 723 MILLION, COMPARED TO EUR 476 MILLION IN Q4 2017.WE REAFFIRM OUR OVERALL TARGETS OF 4-6% COMPARABLE SALES GROWTH AND AN ADJUSTED EBITA MARGIN IMPROVEMENT OF 100 BASIS POINTS ON AVERAGE PER YEAR FOR THE 2017–2020 PERIOD.Q4 ADJUSTED EBITA MARGIN IMPROVED BY 70 BASIS POINTS, DESPITE A 40 BASIS POINTS ADVERSE CURRENCY EFFECT, TO 17.4% OF SALES, COMPARED TO 16.7% OF SALES IN Q4 2017.WE EXPECT OUR PERFORMANCE MOMENTUM TO IMPROVE IN THE COURSE OF THE YEAR - CEO.Q4 FREE CASH FLOW INCREASED TO EUR 1,019 MILLION, COMPARED TO EUR 948 MILLION IN Q4 2017.TO PROPOSE A 6% DIVIDEND INCREASE TO EUR 0.85 PER SHARE AND TO ANNOUNCE A NEW EUR 1.5 BILLION SHARE BUYBACK PROGRAM.START OF NEW EUR 1.5 BILLION SHARE BUYBACK PROGRAM.IN THE FOURTH QUARTER, PROCUREMENT SAVINGS AMOUNTED TO EUR 79 MILLION.  Full Article

Philips says New York-Presbyterian Hospital To Use Its Remote Patient Monitoring
Thursday, 24 Jan 2019 

Jan 24 (Reuters) - Koninklijke Philips NV ::NEW YORK-PRESBYTERIAN HOSPITAL EXPANDS VIRTUAL CARE WITH PHILIPS.  Full Article

Philips And American Heart Association Collaborate To Increase Sudden Cardiac Arrest Survival Rates
Wednesday, 23 Jan 2019 

Jan 23 (Reuters) - KONINKLIJKE PHILIPS NV ::PHILIPS AND THE AMERICAN HEART ASSOCIATION JOIN TOGETHER TO INCREASE GLOBAL SURVIVAL RATES OF SUDDEN CARDIAC ARREST.COLLABORATION TO INCREASE SUDDEN CARDIAC ARREST (SCA) SURVIVAL RATES IN DENSELY POPULATED CITIES AROUND WORLD.PHILIPS AND AHA EXPECT TO ANNOUNCE FIRST PILOT CITIES PARTICIPATING IN PROGRAM IN 2019.  Full Article

Philips Says It Is Going To Close Its Factory In Glemsford In Suffolk - Sky News
Thursday, 17 Jan 2019 

Jan 17 (Reuters) - :PHILIPS SAYS IT IS GOING TO CLOSE ITS FACTORY IN GLEMSFORD IN SUFFOLK AND TRANSFER ITS OPERATIONS TO THE NETHERLANDS PUTTING 430 JOBS AT RISK- SKY NEWS.  Full Article

Koninklijke Philips Reaffirms 2017-2020 Targets
Thursday, 10 Jan 2019 

Jan 10 (Reuters) - KONINKLIJKE PHILIPS NV ::REAFFIRMS TARGETS OF 4-6% COMPARABLE SALES GROWTH AND ADJUSTED EBITA MARGIN IMPROVEMENT OF 100 BASIS POINTS ON AVERAGE PER YEAR FOR 2017-2020.BERT VAN MEURS JOINS PHILIPS' EXECUTIVE COMMITTEE, EFFECTIVE AS OF JANUARY 1, 2019.CONFIRMS TARGET OF IMPROVEMENT OF ORGANIC RETURN ON INVESTED CAPITAL (ROIC) TO MID-TO-HIGH TEENS IN 2020.EXPECTS TO INCREASE ANNUAL FREE CASH FLOW TO ABOVE EUR 1.5 BILLION IN 2020.  Full Article

Philips Wins Intellectual Property Dispute With Several Brush Heads Manufacturers
Tuesday, 18 Dec 2018 

Dec 18 (Reuters) - KONINKLIJKE PHILIPS NV ::PHILIPS WINS INTELLECTUAL PROPERTY INFRINGEMENT DISPUTE WITH SEVERAL BRUSH HEADS MANUFACTURERS.FINANCIAL DETAILS WILL NOT BE DISCLOSED.FINANCIAL DETAILS WILL NOT BE DISCLOSED..PHILIPS SUED SEVERAL DEFENDANTS IN U.S. DISTRICT COURT FOR DISTRICT OF UTAH.  Full Article

Koninklijke Philips NV unit wins $450 million U.S. defense contract -Pentagon

WASHINGTON, March 29 Philips Healthcare, a unit of Koninklijke Philips NV, has been awarded a $450 million U.S. defense contract for patient monitoring systems, accessories and training, the Pentagon said on Friday. (Reporting by Mohammad Zargham; Editing by Eric Beech)