Philips : The 2019-2020 targets remain ambitious
>Q3 broadly in line with the profit warning flagged on 10 October - Yesterday, the group published its Q3 report which reflected the figures pre-announced when the profit warning was flagged on 10 October. Orders were stable in Q3 and showed l-f-l growth of 3% over the first nine months. Sales rose 6.3% l-f-l, a brisk pace, notably with an impressive +9.1% for the diagnosis & treatment division. The adjusted EBITA margin reached, as pre-announced, 12.4%, down 80bp, pe...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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