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Koninklijke Philips NV (PHG.AS)

PHG.AS on Amsterdam Stock Exchange

39.10EUR
21 Sep 2018
Change (% chg)

€-0.20 (-0.51%)
Prev Close
€39.30
Open
€39.35
Day's High
€39.60
Day's Low
€39.10
Volume
5,107,263
Avg. Vol
2,600,628
52-wk High
€39.83
52-wk Low
€29.25

Latest Key Developments (Source: Significant Developments)

Koninklijke Philips Expands Senior Living Resident Safety Solutions Portfolio Via Acquisition Of Blue Willow Systems
Wednesday, 19 Sep 2018 12:18am EDT 

Sept 19 (Reuters) - KONINKLIJKE PHILIPS NV ::EXPANDS SENIOR LIVING RESIDENT SAFETY SOLUTIONS PORTFOLIO VIA ACQUISITION OF BLUE WILLOW SYSTEMS.FURTHER EXPANDS ITS SENIOR LIVING PORTFOLIO THROUGH COLLABORATION WITH INOVONICS.  Full Article

Philips And Children's Health Work To Innovate Patient Monitoring In Dallas
Tuesday, 18 Sep 2018 09:00am EDT 

Sept 18 (Reuters) - KONINKLIJKE PHILIPS NV ::PHILIPS AND CHILDREN'S HEALTH WORK TO INNOVATE PATIENT MONITORING IN DALLAS.UP TO 15-YEAR, LONG-TERM, STRATEGIC AGREEMENT WORTH UP TO USD $75 MILLION.  Full Article

Signify Says It Will Not Deliver Positive FY Comparable Sales Growth
Friday, 27 Jul 2018 01:00am EDT 

July 27 (Reuters) - SIGNIFY NV ::REG-SIGNIFY'S SECOND QUARTER & HALF YEAR RESULTS 2018.Q2 NET INCOME OF EUR 29 MILLION (Q2 2017: EUR 73 MILLION).SIGNIFY HAS DECIDED TO REVISE ITS SALES OUTLOOK FOR 2018..Q2 SALES OF EUR 1,537 MILLION; A COMPARABLE DECREASE OF 3.4%.COMPANY EXPECTS ITS COMPARABLE SALES GROWTH IN SECOND HALF TO IMPROVE COMPARED WITH FIRST HALF.Q2 SALES OF EUR 1,537 MILLION; A COMPARABLE DECREASE OF 3.4%.HOWEVER, IMPROVEMENT IS NOT EXPECTED TO BE SUFFICIENT TO DELIVER POSITIVE COMPARABLE SALES GROWTH FOR FULL YEAR..WE HAVE DECIDED TO REVISE OUR SALES OUTLOOK FOR YEAR -CEO.Q2 ADJUSTED. EBITA OF EUR 130 MILLION (Q2 2017: EUR 159 MILLION), IMPACTED BY CURRENCY EFFECTS OF EUR -22 MILLION.MAINTAINS ITS EARLIER OUTLOOK TO IMPROVE ADJUSTED EBITA MARGIN FROM 9.6% IN 2017 TO 10.0-10.5% IN 2018.Q2 ADJUSTED. EBITA MARGIN OF 8.4% (Q2 2017: 9.4%), INCLUDING A CURRENCY IMPACT OF -80 BASIS POINTS.WE EXPECT OUR SALES GROWTH PERFORMANCE TO IMPROVE IN SECOND HALF, BUT THIS WILL NOT BE ENOUGH TO DELIVER POSITIVE COMPARABLE SALES GROWTH FOR FULL YEAR -CEO.WE CONFIRM OUR PROFITABILITY AND CASH FLOW OUTLOOK FOR YEAR -CEO.CONTINUES TO EXPECT TO GENERATE A SOLID FREE CASH FLOW IN 2018, WHICH WILL BE SOMEWHAT LOWER THAN LEVEL IN 2017.MAINTAINS ITS EARLIER OUTLOOK TO IMPROVE ADJUSTED EBITA MARGIN FROM 9.6% IN 2017 TO 10.0-10.5% IN 2018, ALBEIT AT LOWER END OF RANGE..Q2 REUTERS POLL: SALES EUR 1.56 BLN; ADJ. EBITA EUR 133 MLN; NET INCOME EUR 42.3 MLN.  Full Article

Philips To Buy EPD Solutions
Tuesday, 5 Jun 2018 01:31am EDT 

June 5 (Reuters) - KONINKLIJKE PHILIPS NV ::PHILIPS TO EXPAND ITS IMAGE-GUIDED THERAPY PORTFOLIO WITH ACQUISITION OF EPD SOLUTIONS.TRANSACTION IS EXPECTED TO BE COMPLETED IN JULY, 2018.PHILIPS WILL ACQUIRE EPD FOR AN UPFRONT CASH CONSIDERATION OF EUR 250 MILLION.EXPECTS TO RECOGNIZE A PROVISION OF APPROXIMATELY EUR 210 MILLION UPON COMPLETION OF TRANSACTION.PHILIPS WILL ACQUIRE EPD ALSO FOR DEFERRED, MILESTONE DEPENDENT PAYMENTS.PROVISION IS IN CONNECTION WITH CONTINGENT PAYMENTS.EPD AND ITS EMPLOYEES WILL BECOME PART OF PHILIPS’ IMAGE-GUIDED THERAPY BUSINESS.  Full Article

Signify Signs Deal With Agro-Inwest
Monday, 4 Jun 2018 07:21am EDT 

June 4 (Reuters) - Signify Nv ::IGNS DEAL WITH AGRO-INWEST.DEAL TO MORE THAN DOUBLE SIZE OF LED HORTICULTURAL LIGHTING PROJECT TO 68.5 HECTARES.SIGNS (NOT IGNS) DEAL WITH AGRO-INWEST.  Full Article

Koninklijke Philips And Dutch Rijnstate Hospital Sign 10-Year Agreement To Build Virtual Hospital
Wednesday, 16 May 2018 03:32am EDT 

May 16 (Reuters) - KONINKLIJKE PHILIPS NV ::PHILIPS AND DUTCH RIJNSTATE HOSPITAL SIGN 10-YEAR AGREEMENT TO BUILD VIRTUAL HOSPITAL FOR LARGE-SCALE CONNECTED CARE.  Full Article

Royal Philips Partners With Two Academic Medical Centers In The U.S.
Monday, 19 Mar 2018 09:00am EDT 

March 19 (Reuters) - Koninklijke Philips Nv ::PHILIPS PARTNERS WITH TWO LEADING ACADEMIC MEDICAL CENTERS IN THE U.S..  Full Article

Philips Lighting Announces Intention To Change Company Name To Signify
Friday, 16 Mar 2018 03:40am EDT 

March 16 (Reuters) - PHILIPS LIGHTING NV ::PHILIPS LIGHTING ANNOUNCES INTENTION TO CHANGE COMPANY NAME TO SIGNIFY WHILE KEEPING THE PHILIPS BRAND FOR ITS PRODUCTS.‍COMPANY WILL CONTINUE TO USE PHILIPS BRAND UNDER EXISTING LICENSING AGREEMENT WITH ROYAL PHILIPS​.  Full Article

Philips Receives U.S. FDA 510(K) Clearance To Market Proxidiagnost N90
Thursday, 15 Mar 2018 10:00am EDT 

March 15 (Reuters) - KONINKLIJKE PHILIPS NV ::PHILIPS RECEIVES U.S. FDA 510(K) CLEARANCE TO MARKET PROXIDIAGNOST N90, ITS PREMIUM DIGITAL RADIOGRAPHY AND NEARBY FLUOROSCOPY SYSTEM.  Full Article

Royal Philips Partners With Samsung
Thursday, 8 Mar 2018 12:00pm EST 

March 8 (Reuters) - Koninklijke Philips Nv ::PARTNERS WITH SAMSUNG TO CONNECT SAMSUNG’S ARTIK SMART IOT PLATFORM TO PHILIPS HEALTHSUITE DIGITAL PLATFORM.  Full Article

UPDATE 2-Signify shares rally as share buybacks outweigh cut in outlook

* Signify shares rise 8 pct after sharp drop in first half of 2018 (Adds share price and analyst reaction, more detail on Q2 results, CEO quotes)