Philips : Philips has made some adjustments to its 2020 guidance
>Confirmation of 2020 guidance at the capital markets day, with some adjustments - At yesterday’s capital markets day, Philips’ management confirmed all the 2020 guidance, namely:organic growth of 4-6% per annum (consensus of 4.5% on average in 2019/2020). Philips believes it holds leading positions (#1 or #2) in over 60% of its sales.Average annual growth in the adjusted EBITA margin of 100bp on average, taking the operating margin to around 15% in 2020 (co...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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