Philips : The group considers Q2 2020 publication as a support for guidance
>A Q2 2020 that topped expectations, still underpinned by connected care - The group yesterday reported Q2 2020 ahead of expectations (see our Equity Flash published on 20 July “Positive surprise in Q2, the 2020 guidance is confirmedâ€). Sales contracted by 6.1% l-f-l, penalised by a decline in demand in the personal health business (-18.9%) and, to a lesser extent, in the diagnosis & treatment business (-8.5%) whilst the connected care division remained on its fa...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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