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Koninklijke Philips NV (PHG.AS)

PHG.AS on Amsterdam Stock Exchange

38.98EUR
9:05pm IST
Change (% chg)

€-0.47 (-1.19%)
Prev Close
€39.45
Open
€39.30
Day's High
€39.65
Day's Low
€38.85
Volume
2,060,348
Avg. Vol
2,356,332
52-wk High
€44.60
52-wk Low
€29.05

Latest Key Developments (Source: Significant Developments)

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 CFO To Step Down From Signify's Supervisory Board Per December 31, 2018
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - KONINKLIJKE PHILIPS NV ::PHILIPS CFO ABHIJIT BHATTACHARYA TO STEP DOWN FROM SIGNIFY'S SUPERVISORY BOARD.PHILIPS REITERATES ITS INTENTION TO FULLY SELL DOWN ITS STAKE OVER TIME.STEP DOWN FROM SIGNIFY’S SUPERVISORY BOARD PER DECEMBER 31, 2018.  Full Article

Koninklijke Philips Expects To Increase Annual Free Cash Flow To Above 1.5 Billion Euros In 2020
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - KONINKLIJKE PHILIPS NV ::EXPECTS TO INCREASE THE ANNUAL FREE CASH FLOW TO ABOVE EUR 1.5 BILLION IN 2020.REAFFIRMS TARGETS OF 4-6% COMPARABLE SALES GROWTH AND AN ADJUSTED EBITA MARGIN IMPROVEMENT OF 100 BASIS POINTS ON AVERAGE ANNUALLY FOR THE 2017–2020 PERIOD.REAFFIRMS IMPROVEMENT OF ORGANIC RETURN ON INVESTED CAPITAL (ROIC) TO MID-TO-HIGH TEENS IN 2020.INCREASED ITS PRODUCTIVITY PROGRAM FROM EUR 1.2 BILLION BY 2019, TO EUR 1.8 BILLION BY 2020.  Full Article

Royal Philips And Erasmus University Medical Center Enter Into 5-Year Strategic Partnership For Hospital-Wide Ultrasound
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - KONINKLIJKE PHILIPS NV ::PHILIPS AND ERASMUS UNIVERSITY MEDICAL CENTER ENTER INTO 5-YEAR STRATEGIC PARTNERSHIP FOR HOSPITAL-WIDE ULTRASOUND.  Full Article

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Tariffs take toll on Philips margin goal in blow to shares

AMSTERDAM Philips warned it will miss its 2019 profit margin target on Thursday due to trade tariffs and poor results at its Connected Care arm, wiping around 3 billion euros ($3.3 billion)off the Dutch healthcare technology group's market value.