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KONINKLIJKE Philips ADR PHG

Technology Scientific & Technical Instruments
Koninklijke Philips NV is the Netherlands-based health technology company. The Company's segments include Personal Health businesses, Diagnosis & Treatment businesses, Connected Care & Health Informatics businesses, HealthTech Other and Legacy Items. The Personal Health businesses segment is engaged in the health continuum, delivering integrated, connected solutions that support healthier lifestyles and those living with chronic disease. The Diagnosis & Treatment businesses segment delivers precision medicine and treatment, and therapy. The Connected Care & Health Informatics businesses segment provides consumers, care givers and clinicians with digital solutions that facilitate care by enabling precision medicine and population health management. The HealthTech Other segment comprises such items, as innovation, emerging businesses, royalties, among others. The Legacy Items segment consists mainly of separation costs, legacy legal items, legacy pension costs, among others.


NYSE:PHG - Post by User

KONINKLIJKE Philips ADR
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Post by whytestockson Oct 28, 2024 5:15pm
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Post# 36285809

Philips delivers strong margin improvement; flat comparable

Philips delivers strong margin improvement; flat comparable
News; $PHG Philips delivers strong margin improvement; flat comparable sales due to further deteriorated demand in China; growth in rest of worldOctober 28, 2024 Third-quarter highlights Group sales amounted to EUR 4.4 billion, with flat comparable sales growth Income from operations was EUR 337 million Adjusted EBITA margin increased by 160 basis points from 10.2% to 11.8% of sales Operating cashflow of EUR 19...PHG - Philips delivers strong margin improvement; flat comparable sales due to further deteriorated demand in China; growth in rest of world

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