MarketWatch28d
Philips issues its second straight profit warning on China. The stock is hammered, again.
Philips shares fell sharply on Wednesday as the Dutch healthcare equipment maker again warned on China, triggering a big drop in its stock price. Philips shares NL:PHIA PHG slumped 11% as it ...
NL Times29d
Philips suffered €698 million loss last year, mainly over $1.1 billion recall settlement
Philips ended 2024 deep in the red, suffering a loss of 698 million euros, the health tech company announced on Wednesday. It attributed the loss mainly to a 1.1 billion dollar settlement made in ...
Business Insider29d
Philips delivers growth, improved profitability, and strong cash flow in Q4 and 2024; continues solid execution of its three-year plan
Roy Jakobs, CEO of Royal Philips: “We delivered better care for more people by enhancing execution and focusing on driving improvements in profitability and cash flow, as well as order and sales ...