Report
Delphine Brault

Philips : A relatively convincing CMD, for which targets are priced in by the market

>An accessible market of € 150bn, growing by 4% per annum - Philips’ estimates its accessible market at € 150bn in 2020, including 40% in connected care, 43% for diagnosis & treatment and the remainder in the personal health segment.Underlying trends should enable this market to grow at an average pace of 4% per annum out to 2025, according to the group, with the ageing population, growing weight of chronic illnesses, ramp-up of healthcare spending in emerging co...
Underlying
Koninklijke Philips N.V.

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).

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Delphine Brault

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