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November 2, 2021 Philips debuts three new solutions in the North American market that will help drive procedural innovation and workflow efficiency, adding to the company's ecosystem of interventional
Investegate announcements from Royal Philips, TCT 2021: Philips announces new innovations and clinical data supporting the treatment of patients with cardiovascular disease
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Group sales increased to EUR 4.2 billion, with 9% comparable sales growth Comparable order intake decreased 15%, with strong double-digit growth in the Diagnosis & Treatment businesses and a decline in the Connected Care businesses on the back of COVID-19-related 167% growth in Q2 2020 Income from continuing operations decreased to EUR 65 million due to a EUR 250 million provision related to field actions to address a component quality issue. Income from continuing operations was EUR 195 million in Q2 2020. Adjusted EBITA increased to EUR 532 million, or 12.6% of sales, compared to EUR 390 mi...
8 hours ago Royal Philips, a global leader in health technology, announced that it will repurchase up to 2 million shares to cover long-term incentive and employee stock purchase plans. At the current share price, the shares amount to approximately EUR 91 million ($110.8 million). The repurchase is a part of the plan announced on January 29, 2019, during its annual results. It was proposed to increase dividend by 6% to EUR 0.85 per share, with the start of a new EUR 1.5 billion share buyback program. The repurchases will be executed through one or more individual forward transactions, to be...