reports
- ING Helpdesk
Benelux Morning Notes
BAM: Preview - stable performance in difficult markets. Belgian telecoms: Telenet 3.5% price increase. Econocom: 1Q24 modest growth in line, sales guidance maintained. Philips: Preview 1Q24. Proximus: Acquires additional 5G spectrum from NRB. Signify: Preview 1Q24 - Slow start to the year. Staffing: Manpower - 1Q24 beats, 2Q24 outlook a touch above and trends stabilizing. WDP: No surprise
Philips Respironics reaches agreement with US government on a consent ...
Philips Respironics reaches agreement with US government on a consent decree creating a clear path forward April 10, 2024 Philips confirms that further to communicating the main terms of the Philips Respironics consent decree on January 29, 2024, Philips’ subsidiaries Philips Holding USA and Philips Respironics have now reached final agreement on the consent decree with the DOJ and FDA. As previously stated: The consent decree primarily focuses on Philips Respironics’ business operations in the US.It provides clarity and a roadmap to demonstrate com...
Philips Foundation and March of Dimes partner to improve prenatal care...
Philips Foundation and March of Dimes partner to improve prenatal care access in underserved communities, helping address US maternal and infant health challenges April 4, 2024 Mom & Baby Mobile Health Centers offering ultrasound screenings to expectant moms in Phoenix, Tucson, and Washington, DC Amsterdam, the Netherlands, and Arlington, VA – , with its mission to provide access to quality healthcare for 100 million people a year in underserved communities by 2030, is facilitating access to prenatal care through March of Dimes Mom & Baby Mobile Health Centers® in ...
Philips convenes the Annual General Meeting of Shareholders 2024
Philips convenes the Annual General Meeting of Shareholders 2024 March 22, 2024 Amsterdam, the Netherlands – (NYSE: PHG, AEX: PHIA), today announced it has convened the Annual General Meeting of Shareholders (AGM) 2024 and published the agenda with explanatory notes. As previously announced, the agenda includes: Proposals to re-appoint Chairman Feike Sijbesma (Dutch, 1959) and Peter Löscher (Austrian, 1957) as members of the Supervisory Board, with effect from May 7, 2024.Proposal to appo...
Leading in health technology innovation: Philips one of the top patent...
Leading in health technology innovation: Philips one of the top patent applicants at European Patent Office March 19, 2024 Amsterdam, the Netherlands – (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that it is one of the leading patent applicants at the European Patent Office (EPO). Building on more than 130 years of innovation, Philips’ extensive global R&D programs and collaborations position the company at the forefront of health technology innovation. In 2023, Philips improved the health and well-being of 1.9 billion people with its innovations. Wi...
Philips and AWS collaborate to scale digital pathology in the cloud, e...
Philips and AWS collaborate to scale digital pathology in the cloud, enhancing diagnostic capabilities and improving productivity March 12, 2024 Cloud offering will help improve workflow integration, access, and reliability, delivering greater productivity and collaborationCollaboration combines best of clinical workflow leadership with scalable cloud solution to help accelerate decision-making and further transform patient care Amsterdam, the Netherlands and Orlando, USA – (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced an expanded collaboration with ...
- Marc Hesselink
- CFA
- Thymen Rundberg
Philips/More clarity needed/HOLD
Philips' underlying performance in 4Q23 was a bit weaker than we expected mainly because of the margin in D&T. Next to that the consent decree with the FDA, although more punitive than we expected, was another milestone to pass in the ongoing Respironics recall. Key uncertainty remains the litigation process which in our view remains a black-box overhang on the investment case. We have small downward revisions to our estimates (mainly on currencies). We reiterate our €19 per share target price a...
Health technology leader Philips recognized as Clarivate Top 100 Globa...
Health technology leader Philips recognized as Clarivate Top 100 Global Innovator March 6, 2024 Company’s innovative products and solutions improved the lives of 1.9 billion people in 2023 Amsterdam, the Netherlands – (NYSE: PHG, AEX: PHIA), a global leader in health technology, has been included in the . Philips’ global R&D programs and collaborations aim to deliver personal health solutions for consumers and professional health solutions for healthcare providers and their patients in the hospital and the home. Together with healthcare providers and other ecosystem partners, Phi...
Bringing confident diagnosis to more patients at low cost: Philips lau...
Bringing confident diagnosis to more patients at low cost: Philips launches new AI-enabled CT 5300 at #ECR2024 February 29, 2024 New CT 5300 system provides more accurate and reliable imaging results to better manage increase in complex cardiac cases where precise patient diagnosis is crucial Philips’ latest innovation leverages the power of AI at every stage in CT scanner operation to enhance productivity and diagnostic capabilities of high-throughput, short-staffed radiology departments Amsterdam, the Netherlands and Vienna, Austria – (NYSE: PHG, AEX: PHIA), a global leader in heal...
Philips extends leadership in virtually helium-free MRI with more than...
Philips extends leadership in virtually helium-free MRI with more than 1,000 systems installed, expanding patient access worldwide February 28, 2024 At #ECR2024, company also debuting Europe’s first mobile virtually helium-free MRI system Amsterdam, the Netherlands and Vienna, Austria – (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced a significant milestone as it expands access to virtually helium-free [1] MRI to more patients in more places, with more than 1,000 systems now installed worldwide. As healthcare providers strive to deliver high-...
Charlotte Hanneman to succeed Abhijit Bhattacharya as Philips’ Chief F...
Charlotte Hanneman to succeed Abhijit Bhattacharya as Philips’ Chief Financial Officer (CFO) February 28, 2024 Proposal to appoint Ms. Hanneman as member of Philips’ Board of Management fulfilling the role of CFO per October 1, 2024 Amsterdam, the Netherlands – (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the proposal to appoint Charlotte Hanneman as member of the Board of Management, fulfilling the role of Chief Financial Officer (CFO), effective October 1, 2024. The proposal will be submitted to the Annual General Meeting of Shareholders...
Philips launches new Azurion neuro biplane system at #ECR2024 to speed...
Philips launches new Azurion neuro biplane system at #ECR2024 to speed up and improve minimally invasive diagnosis and treatment of neurovascular patients February 27, 2024 New image-guided therapy system is a complete interventional solution for confident diagnosis, image guidance, and therapy assessment of patients with stroke or other neurovascular diseases Amsterdam, the Netherlands – (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced major enhancements to its Image Guided Therapy System – Azurion – with the launch of its . Designed to streamline neurovascu...
Philips delivers strong ESG performance in 2023
Philips delivers strong ESG performance in 2023 February 20, 2024 1.88 billion lives improved by Philips’ health technology products and services; on track to improve 2 billion lives by 2025Through its industry leading innovations and partnerships, Philips helps increase access to healthcare globally and create sustainable and resilient healthcare models Philips expanded its circular revenues to 20% of sales; remained carbon-neutral in its operations, and further reduced its value chain carbon emissions with 46% of its purchases (in spend) made at suppliers that have committed to science...
Philips publishes its Annual Report 2023
Philips publishes its Annual Report 2023 February 20, 2024 Amsterdam, the Netherlands – (NYSE: PHG, AEX: PHIA), a global leader in health technology, today published its Annual Report 2023. Philips’ Annual Report 2023 will be on the agenda of the Annual General Meeting of Shareholders (AGM), to be held on May 7, 2024. The convocation notice and the agenda, including explanatory notes, for the AGM will be published in due course. Philips filed the Annual Report 2023 with the Netherlands Authority for the Financial Markets (AFM) in European Single Electronic Format (ESEF) and expects to ...
Philips proposes to re-appoint Chairman Feike Sijbesma and Peter Lösch...
Philips proposes to re-appoint Chairman Feike Sijbesma and Peter Löscher and nominates Benoît Ribadeau-Dumas as member of the Supervisory Board February 20, 2024 Amsterdam, the Netherlands – (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that it proposes to re-appoint Chairman Feike Sijbesma and Peter Löscher as members of the Supervisory Board and to appoint Benoît Ribadeau-Dumas as new member of the Supervisory Board to the Annual General Meeting of Shareholders (AGM), which will be held on May 7, 2024. “I consider it a privilege to serve a second term an...
Philips Sounds transform the sound of care, reducing patient monitorin...
Philips Sounds transform the sound of care, reducing patient monitoring alarm noise by up to 66% February 6, 2024 FDA 510(k) clearance of latest Philips IntelliVue patient monitor software helps drive alarm management strategies toward a more peaceful, healing environment for patients and caregivers Amsterdam, the Netherlands – Advances in healthcare technology continue to drive patient monitoring technology into the future; however, alarm sounds have remained similar, if not unchanged, for many years. Until now. (NYSE: PHG, AEX: PHIA), has received 510(k) clearance for its latest Intell...
- ING Helpdesk
Benelux Morning Notes
ASR: Sale of KNAB to Austrian BAWAG for €510m opens up capital options. BE Semiconductor Industries: Peer K&S provides weak 1Q24 guidance. Corbion: Plus ça change, plus c'est la même chose. DWS: Solid. Euronav: Solid year-end ahead of transformation. Philips: Peer Healthineers reports 1Q24 update. Shell plc: Strong end to FY23
- Research Department
INFORME DIARIO 01 FEBRERO + RDOS. ESPAÑA Y EUROPA 4T’23. IDEAS DESTACA...
COMPAÑÍAS QUE APARECEN EN EL INFORME: EUROPA: ADIDAS, BNP, ING, RDOS. DESTACADOS, SANOFI, SIEMENS. Incluido en el informe diario de hoy, y durante toda la campaña de resultados, incorporamos al final una presentación con los resultados destacados en positivo y negativo y previews de Rdos. 4T’23 que se publicarán en España y Europa en los próximos días. Sin sorpresas por parte de la Fed La campaña de Rdos. sigue sobresaliendo en una jornada a la baja en Europa. Así, en el STOXX 600, los mejores...
New Philips Mini TEE ultrasound transducer helps improve cardiac care ...
New Philips Mini TEE ultrasound transducer helps improve cardiac care for more patients January 31, 2023 Latest innovation has the potential to reduce anesthesia during minimally invasive procedures [1] As a pioneer and leading innovator in cardiac ultrasound, Philips has developed the smaller X11- 4t Mini 3D TEE transducer to serve more patients with this valuable imaging tool, from pediatric patients to older adults and everyone in between Amsterdam, the Netherlands – (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that its latest TEE transducer, d...
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