Philips : A somewhat mixed Q1 but guidance offers hope
>Q1 2020: a marked deterioration in the EBITA margin and strong increase in new orders - Yesterday the group published a mixed set of Q1 results (cf. our equity flash “Q1 2020: margin collapse and surge in ordersâ€), well below forecasts (-16% for EBITA adjusted based on a very limited consensus). Sales were down 2.3% l-f-l, penalised by the marked decline in orders in Asia (and partly in Europe) at the personal health division. The adjusted EBITA margin suffered,...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.