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Koninklijke Philips NV (PHG.AS)

PHG.AS on Amsterdam Stock Exchange

43.43EUR
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€44.45
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Latest Key Developments (Source: Significant Developments)

Philips, Catholic University Of Korea Team Up To Improve Cancer Diagnosis
Thursday, 11 Jul 2019 

July 11 (Reuters) - Koninklijke Philips NV ::CATHOLIC UNIVERSITY OF KOREA SEOUL ST. MARY'S HOSPITAL AND PHILIPS TEAM UP TO IMPROVE CANCER DIAGNOSIS.  Full Article

Philips Receives PMA Approval For Sale Of 'Heartstart' Defibrillators In US
Thursday, 27 Jun 2019 

June 27 (Reuters) - Koninklijke Philips NV ::PHILIPS RECEIVES PRE MARKET APPROVAL (PMA) FROM FDA FOR SALE OF 'HEARTSTART' DEFIBRILLATORS IN THE US.  Full Article

BioBright And Philips Collaborate On New AI
Tuesday, 25 Jun 2019 

June 25 (Reuters) - KONINKLIJKE PHILIPS NV ::BIOBRIGHT AND PHILIPS COLLABORATE ON NEW AI TO IMPROVE THE PATIENT AND CLINICIAN EXPERIENCE.  Full Article

Philips IntelliSite Pathology Solution To Be Deployed Across Mount Sinai Health System
Tuesday, 18 Jun 2019 

June 18 (Reuters) - KONINKLIJKE PHILIPS NV ::PHILIPS INTELLISITE PATHOLOGY SOLUTION WILL BE DEPLOYED ACROSS THE MOUNT SINAI HEALTH SYSTEM TO SUPPORT GREATER EFFICIENCY AND HELP IMPROVE PATIENT CARE.LABCORP AND MOUNT SINAI HEALTH SYSTEM COLLABORATE TO ESTABLISH DIGITAL AND AI-ENABLED PATHOLOGY CENTER OF EXCELLENCE.IMPLEMENTATION OF CLINICAL PHILIPS INTELLISITE PATHOLOGY SOLUTION IS UNDERWAY AND MOUNT SINAI EXPECTS TO BEGIN ITS USE IN NEXT SEVERAL MONTHS.  Full Article

Philips: Alverno Laboratories Network To Use Philips Intellisite Pathology Solution
Thursday, 23 May 2019 

May 23 (Reuters) - KONINKLIJKE PHILIPS NV ::ALVERNO LABORATORIES NETWORK WILL USE PHILIPS INTELLISITE PATHOLOGY SOLUTION TO ASSESS AND DIAGNOSE ALL CLINICAL HISTOLOGY CASES DIGITALLY.  Full Article

Rutherford Diagnostics And Philips Agree 10 Year Partnership
Tuesday, 14 May 2019 

May 14 (Reuters) - KONINKLIJKE PHILIPS NV ::RUTHERFORD DIAGNOSTICS AND PHILIPS AGREE 10 YEAR PARTNERSHIP TO IMPROVE DIAGNOSTIC SERVICES AND PATIENT OUTCOMES ACROSS ENGLAND.FIRST THREE COMMUNITY DIAGNOSTIC CENTERS ARE DUE TO GO LIVE IN 2020, WITH REMAINING TWO IN 2021.AGREEMENT AIMS TO DELIVER FIRST CLASS, PATIENT-CENTERED DIAGNOSTIC SERVICES.FIRST SITE IS EXPECTED TO WELCOME PATIENTS IN LIVERPOOL IN 2020.  Full Article

Philips Collaborates With Medtronic On Image-Guided Treatment Of Atrial Fibrillation
Thursday, 9 May 2019 

May 9 (Reuters) - KONINKLIJKE PHILIPS NV ::PHILIPS ANNOUNCES COLLABORATION WITH MEDTRONIC TO FURTHER ADVANCE THE IMAGE-GUIDED TREATMENT OF ATRIAL FIBRILLATION.THROUGH AGREEMENT, MEDTRONIC WILL FACILITATE SALES OF PRODUCTS ON BEHALF OF PHILIPS.PHILIPS WILL BRING TO MARKET NOVEL KODEX-EPD CARDIAC IMAGING AND NAVIGATION SYSTEM WITH CRYOABLATION SPECIFIC FEATURES.INTEGRATED SOLUTION TO SUPPORT CRYOABLATION PROCEDURES IS INTENDED TO BE AVAILABLE FOR SALE IN U.S. AND EUROPE IN Q4 2019.  Full Article

Philips Q1 EBITDA Up At EUR 314 MLN
Monday, 29 Apr 2019 

April 29 (Reuters) - Koninklijke Philips NV ::PHILIPS DELIVERS Q1 SALES OF EUR 4.2 BILLION, WITH 2% COMPARABLE SALES GROWTH; INCOME FROM CONTINUING OPERATIONS INCREASED TO EUR 171 MILLION AND ADJUSTED EBITA MARGIN IMPROVED TO 8.8%.Q1 ADJUSTED EBITA MARGIN WAS 8.8% OF SALES, COMPARED TO 8.7% OF SALES IN Q1 2018.Q1 SALES AMOUNTED TO EUR 4.2 BILLION, WITH 2% COMPARABLE SALES GROWTH.Q1 OPERATING CASH FLOW AMOUNTED TO EUR 14 MILLION, COMPARED TO EUR 92 MILLION IN Q1 2018.Q1 FREE CASH OUTFLOW WAS EUR 206 MILLION, COMPARED TO EUR 47 MILLION IN Q1 2018.WE CONTINUE TO EXPECT OUR PERFORMANCE MOMENTUM TO IMPROVE OVER COURSE OF YEAR - CEO.WE REAFFIRM OUR OVERALL TARGETS OF 4-6% COMPARABLE SALES GROWTH - CEO.WE REAFFIRM OUR OVERALL TARGET OF AN ADJUSTED EBITA MARGIN IMPROVEMENT OF 100 BASIS POINTS ON AVERAGE PER YEAR FOR 2017-2020 PERIOD - CEO.Q1 INCOME FROM CONTINUING OPERATIONS EUR 171 MILLION VERSUS EUR 94 MILLION YEAR AGO.Q1 EBITDA AT EUR 314 MLN VERSUS EUR 263 MLN YOY.  Full Article

Koninklijke Philips To Acquire Healthcare Information Systems Business Of Carestream Health
Thursday, 7 Mar 2019 

March 7 (Reuters) - KONINKLIJKE PHILIPS NV ::PHILIPS EXPECTS TO COMPLETE TRANSACTION IN SECOND HALF OF 2019.TO EXPAND ITS RADIOLOGY INFORMATICS PORTFOLIO WITH ACQUISITION OF HEALTHCARE INFORMATION SYSTEMS BUSINESS OF CARESTREAM HEALTH.FINANCIAL DETAILS OF TRANSACTION WERE NOT DISCLOSED.HEALTHCARE INFORMATION SYSTEMS WILL BECOME PART OF PHILIPS' HEALTHCARE INFORMATICS BUSINESS WITHIN DIAGNOSIS & TREATMENT SEGMENT.  Full Article

Signify Completes Cancellation Of 9.7 Million Shares
Monday, 31 Dec 2018 

Dec 31 (Reuters) - SIGNIFY NV ::REG-SIGNIFY COMPLETES CANCELLATION OF 9.7 MILLION SHARES.  Full Article

Philips to sell remaining 10.7% stake in Signify for 357 million euros

AMSTERDAM Dutch medical equipment company Koninklijke Philips NV said on Thursday it plans to sell the remaining 10.7% stake it holds in Signify NV , its former lighting division, for about 357 million euros ($394.24 million) or 25.9 euros per share.