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Koninklijke Philips NV (PHG.AS)

PHG.AS on Amsterdam Stock Exchange

31.58EUR
4:39pm GMT
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Thu, Jan 17 2019

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Philips to close its UK factory in 2020, with loss of 400 jobs

AMSTERDAM/LONDON Dutch health technology company Philips said on Thursday it planned to close its only factory in Britain in 2020, with the loss of around 400 jobs, the latest firm to move manufacturing jobs out of Britain.

UPDATE 2-Philips to close its UK factory in 2020, with loss of 400 jobs

AMSTERDAM/LONDON, Jan 17 Dutch health technology company Philips said on Thursday it planned to close its only factory in Britain in 2020, with the loss of around 400 jobs, the latest firm to move manufacturing jobs out of Britain.

Philips to close only UK factory in 2020, 400 jobs lost

AMSTERDAM, Jan 17 Dutch health technology company Philips said on Thursday it plans to close its only factory in Britain, in Glemsford, North Suffolk, in 2020, with the loss of around 400 jobs.

Philips shares drop as earnings fall short after currency headwinds

AMSTERDAM Dutch healthcare technology company Philips missed estimates for core profit in the third quarter on Monday, sending its shares to their lowest in more than six months.

Philips shares drop as earnings fall short after currency headwinds

AMSTERDAM Dutch healthcare technology company Philips missed estimates for core profit in the third quarter on Monday, sending its shares to their lowest in more than six months.

UPDATE 2-Philips shares drop as earnings fall short after currency headwinds

* Shares down 6.3 pct, hit lowest in more than 6 months (Updates with details, quotes from CEO and analysts, shares)

Philips CEO says Brexit putting Britain at risk as manufacturing hub

AMSTERDAM The chief executive of Philips said on Monday he was worried about the lack of progress on a deal over the terms of Britain's exit from the European Union, and warned that a no-deal Brexit would jeopardise the country's position as a manufacturing hub.

Philips CEO says Brexit putting Britain at risk as manufacturing hub

AMSTERDAM The chief executive of Philips said on Monday he was worried about the lack of progress on a deal over the terms of Britain's exit from the European Union, and warned that a no-deal Brexit would jeopardize the country's position as a manufacturing hub.

Philips CEO says Brexit putting Britain at risk as manufacturing hub

AMSTERDAM, Oct 22 The chief executive of Philips said on Monday he was worried about the lack of progress on a deal over the terms of Britain's exit from the European Union, and warned that a no-deal Brexit would jeopardize the country's position as a manufacturing hub.

Philips Q3 profit rises less than expected; cites currency headwinds

AMSTERDAM, Oct 22 Dutch healthcare technology company Philips on Monday said its core profit in the third quarter rose 6.8 percent to 568 million euros ($863 million), missing analyst estimates despite rising sales and improving margins.

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