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Philips delivers Q1 sales of EUR 3 8 billion, with 9% comparable sales growth; net income amounts to EUR 40 million and Adjusted EBITA margin improves 390 basis points to 9 5% | Comunicados | Edición USA

April 26, 2021 First-quarter highlights Following the agreement to sell the Domestic Appliances business to global investment firm Hillhouse Capital, this business is reported as a discontinued operation as of Q1 2021. Consequently, sales and results from the Domestic Appliances business are no longer included in the results of continuing operations. Group sales amounted to EUR 3.8 billion, with 9% comparable sales growth Comparable order intake decreased 5%, with double-digit growth in the Diagnosis & Treatment businesses and a double-digit decline in the Connected Care businesses on the back of 80% growth in Q1 2020 Income from continuing operations was a loss of EUR 34 million. Excluding the impact of a provision related to precautionary actions to address a component quality issue, income from continuing operations improved by EUR 139 million year-on-year. Income from continuing operations was EUR 17 million in Q1 2020.

Outlook on the Digital Respiratory Devices Global Market to 2030 - Focus on Sensors, Smart Inhalers & Nebulizers, Application, Countries and Competitive Landscape

Share this article Share this article ResearchAndMarkets.com s offering. The Global Digital Respiratory Devices Market is projected to reach $405.1 million by 2030. The study highlights that the market is set to witness a CAGR of 27.31% between 2021 and 2030. This comprehensive study of the global digital respiratory devices market covers the following: Market numbers on product types More than 35 key products present in the market Market share analysis for the global digital respiratory devices Market and its indications Detailed global and regional market share analysis Besides these parameters, the study also encompasses the market growth drivers, opportunities, market restraining factors, competition mapping, end-user analysis, and COVID-19 impact on the market.

Healthcare IoT Market May See a Big Move | IBM, Koninklijke Philips, Siemens Healthineers, GE Healthcare

Healthcare IoT Market May See a Big Move | IBM, Koninklijke Philips, Siemens Healthineers, GE Healthcare
sandiegosun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sandiegosun.com Daily Mail and Mail on Sunday newspapers.

Q1 2021 Health IT/Digital Health PC/VE, M&A, IPOs/ SPACs Activity

Q1 2021 Health IT/Digital Health PC/VE, M&A, IPOs/ SPACs Activity by Healthcare Growth Partners (HGP) The first quarter of 2021 has been one of investor optimism as the vaccine rollout continues ahead of expectations and economic activity begins to accelerate in response.  Within the Health IT industry, the already strong investment and M&A trends seen in 2020 have only accelerated.  Over the course of the quarter, we observed $7 billion in private equity and venture capital investment across 158 companies.  By comparison, Q1 of 2020 saw $3.2 billion and 127 investments.  Health IT M&A activity has also been strong in the first quarter, with 114 transactions observed compared to just 88 in Q1 of 2020.  The gradual loosening of pandemic restrictions and government stimulus both promise to continue to fuel this strong market activity into Q2 and into the future.

Koninklijke Philips Electronics, N V (NYSE:PHG), CardioNet, Inc (NASDAQ:BEAT) - Philips Divests Appliances Business To Hillhouse For $4 4B: Bloomberg

Koninklijke Philips Electronics, N V (NYSE:PHG), CardioNet, Inc (NASDAQ:BEAT) - Philips Divests Appliances Business To Hillhouse For $4 4B: Bloomberg
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

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