Philips : 2020 targets confirmed, but not for Q1
>Trends were mixed in Q4 2019 - Orders rose by 3% l-f-l in Q4 2019, likewise over the full year. Sales growth was fairly disappointing at 3.3% and the adjusted EBITA margin rose by 50bp to 17.9%. See our Equity Flash of Tuesday, 28 January, for further details (“Mixed Q4, domestic appliances placed under strategic reviewâ€).Q1 2020 already looks like it will be challenging - During the conference call, the group indicated that it expects Q1 organic gr...Koninklijke Philips Electronics is active in the markets of healthcare, consumer lifestyle and lighting. Co.'s activities can be divided into three segments: Healthcare (Co. provides Imaging Systems, Patient Care and Clinical Informatics, Home Healthcare Solutions and Customer Services), Consumer Lifestyle (Co.'s products are divided into the following: Health and Wellness; Domestic Appliances; and Lifestyle Entertainment), Lighting (Co. provides lighting solutions for homes, shops, offices, schools, hotels, factories and hospitals; Co. also offers solutions for roads (street lighting and car lights) and for public spaces, residential areas and sports arenas).
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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