Koninklijke Philips NV (PHIA) Euro.20 (Crest Depository Interest)
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Share news, reports & tips
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Philips lowers sales outlook amid China weakness
28 October 2024 07:12
(Sharecast News) - Philips reported flat comparable sales of €4.4bn for its third quarter on Monday, as the Dutch medical devices maker faced a significant decline in demand from China.
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Philips surges after Q2 results
29 July 2024 13:24
(Sharecast News) - Philips surged on Monday as its second-quarter results beat analysts' expectations, driven mainly by growth in North America, and the Dutch medical device maker reiterated its outlook...
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Philips shares soar on $1.1bn DOJ settlement
29 April 2024 08:39
(Sharecast News) - Koninklijke Philips, the Dutch healthcare giant, has finally reached a settlement with US regulators over a Respironics product recall back in 2021 worth $1.1bn, causing shares to soar by...
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Philips lifts FY outlook as Q3 profit jumps
23 October 2023 08:59
(Sharecast News) - Philips lifted its full-year outlook on Monday as it posted a jump in third-quarter profit.
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Philips to cut 6,000 jobs as it looks to restore profitability
30 January 2023 08:11
(Sharecast News) - Technology company Philips will cut as many as 6,000 jobs in an effort to restore profitability after its respiratory devices were recalled, wiping out roughly 70% of its market value.
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Philips warns on profits amid supply challenges
12 October 2022 12:21
(Sharecast News) - Health technology giant Royal Philips issued a profit warning ahead of its full-year on Wednesday, amid some serious supply challenges.
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Philips slashes guidance as China lockdowns hit Q2 sales
25 July 2022 09:50
(Sharecast News) - Dutch technology conglomerate Philips reported a 7% fall in comparable group sales in its second quarter on Monday, to €4.2bn (£3.57bn), mainly caused by continued supply shortages and...
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