Philips : After a reassuring Q4, Q1 appears to have got off to a solid start
>Q4 2020 adjusted EBIT came in 2% ahead of expectations, thanks to more robust growth in activity - The group yesterday reported Q4 2020 numbers a shade ahead of expectations (see our Equity Flash “Reassuring Q4 numbers, slightly ahead of expectations”). Sales rose by 6.6% l-f-l (consensus +4.6%), still underpinned by robust demand in the connected care division (+23.9% on an organic basis), whilst the diagnosis & treatment and personal health divisions rose by 0...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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