Philips Archives | Be Korea-savvy
Philips continues momentum; delivers strong order intake, step-up in sales growth and margin expansion

Philips continues momentum; delivers strong order intake, step-up in sales growth and margin expansion

November 4, 2025 Q3 2025 Group Highlights Comparable order intake growth 8% Group sales amounted to EUR 4.3 billion, reflecting 3% increase in comparable sales Income from operations was EUR 330 million Adjusted EBITA margin increased by 50 basis points to 12.3% of sales Operating cash flow of EUR 327 million, with a free cash [...]

Philips builds strong order intake momentum and drives margin expansion in Q2

Philips builds strong order intake momentum and drives margin expansion in Q2

July 29, 2025 Q2 2025 Group Highlights Comparable order intake growth 6% Group sales EUR 4.3 billion, reflecting 1% increase in comparable sales Income from operations EUR 400 million Adjusted EBITA margin increased 130 bps to 12.4% of sales Free cash flow increased to EUR 230 million Philips increases full year 2025 outlook for Adjusted [...]

Philips successfully prices offering of Notes for EUR 1 billion to be used for repayment of existing debt and to finance eligible green projects

Philips successfully prices offering of Notes for EUR 1 billion to be used for repayment of existing debt and to finance eligible green projects

May 15, 2025 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the successful pricing of its offering of EUR 500 million fixed rate notes due 2030 and EUR 500 million fixed rate notes due 2035 (the “Notes”) under its European Medium Term Note (EMTN) program. The net [...]

Philips demonstrates innovation power, topping European Patent Office Medtech filings in 2024

Philips demonstrates innovation power, topping European Patent Office Medtech filings in 2024

March 25, 2025 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that in 2024 it was the leading applicant in the field of medical technology at the European Patent Office (EPO), filing 594 Medtech patent applications. This achievement underscores the company’s ongoing dedication to transforming healthcare delivery by integrating [...]

Philips publishes its Annual Report 2024

Philips publishes its Annual Report 2024

February 21, 2025 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today published its Annual Report 2024. Philips’ Annual Report 2024 will be on the agenda of the Annual General Meeting of Shareholders (AGM), to be held on May 8, 2025. The convocation notice and the agenda, including explanatory [...]

Philips proposes new Supervisory Board appointments and reappointments, and Board of Management reappointment

Philips proposes new Supervisory Board appointments and reappointments, and Board of Management reappointment

Mr David Pyott to retire from Philips’ Supervisory Board after his third consecutive term. Mr Bob White proposed as new member of the Supervisory Board. Ms Indra Nooyi and Ms Chua Sock Koong proposed for reappointment as members of the Supervisory Board. Mr Marnix van Ginneken proposed for reappointment as member of Philips’ Board of [...]

Philips aims to advance cardiac MRI technology through AI-driven research

Philips aims to advance cardiac MRI technology through AI-driven research

December 3, 2024 Collaboration intends to leverage proprietary AI technology from Philips and Mayo Clinic to target breakthroughs in ease-of-use and efficiency to bring high-quality diagnostic MRI and better care to more patients with heart disease Amsterdam, the Netherlands and Chicago, USA – Royal Philips (NYSE: PHG, AEX: PHIA) and Mayo Clinic today announced a research collaboration aimed at advancing [...]

Philips optimizes CT workflows with in-house AI, launches CT 5300 in North America at #RSNA2024

Philips optimizes CT workflows with in-house AI, launches CT 5300 in North America at #RSNA2024

December 1, 2024 Philips CT 5300 combines innovative hardware, software, and artificial intelligence to make high-quality screening, diagnostic, and interventional imaging accessible to more patients, including reading support with Automated AI-enabled Philips Advanced Visualization Workspace applications Philips collaborates with Annalise.ai to evaluate streamlining workflows to prioritize time-sensitive cases Amsterdam, the Netherlands and Chicago, USA – Royal [...]

Better care for more people: Philips innovates in AI-enabled imaging and cloud-based informatics at #RSNA24

Better care for more people: Philips innovates in AI-enabled imaging and cloud-based informatics at #RSNA24

December 1, 2024 Philips’ intelligent diagnostic and treatment solutions, combined with its advanced capabilities in healthcare informatics, uniquely position the company to drive precision imaging for a greater number of patients Amsterdam, the Netherlands and Chicago, USA – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today unveiled the company’s latest AI-powered diagnostic [...]

Philips and AWS expand strategic collaboration to advance HealthSuite cloud services and power generative AI workflows

Philips and AWS expand strategic collaboration to advance HealthSuite cloud services and power generative AI workflows

November 26, 2024 Cloud-enabled integrated diagnostics portfolio aims to unify workflows, improve access to critical insights, and drive better outcomes for patients Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the expansion of its strategic collaboration with Amazon Web Services (AWS) to offer Philips’ integrated diagnostics portfolio [...]