Edition:
United States

Koninklijke Philips NV (PHG.AS)

PHG.AS on Amsterdam Stock Exchange

31.23EUR
20 Feb 2018
Change (% chg)

-- (--)
Prev Close
€31.23
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
3,146,513
52-wk High
€36.12
52-wk Low
€27.66

Latest Key Developments (Source: Significant Developments)

Royal Philips says to sell 17.1 mln shares in Philips Lighting ‍​
Tuesday, 28 Nov 2017 10:59am EST 

Nov 28 (Reuters) - Koninklijke Philips NV ::ANNOUNCES LAUNCH OF ACCELERATED BOOKBUILD OFFERING OF ABOUT 17.1 MILLION SHARES IN PHILIPS LIGHTING N.V. CURRENTLY OWNED BY ROYAL PHILIPS ‍​.AS PART OF TRANSACTION, PHILIPS LIGHTING IRREVOCABLY COMMITTED TO PLACE AN ORDER IN OFFERING TO REPURCHASE 2.8 MILLION SHARES‍​.BOOK IS OPEN WITH IMMEDIATE EFFECT, TRANSACTION IS EXPECTED TO SETTLE ON FRIDAY 1 DECEMBER, 2017‍​.PHILIPS LIGHTING WILL NOT RECEIVE ANY PROCEEDS FROM THE OFFERING.TRANSACTION IS IN LINE WITH ROYAL PHILIPS' STATED OBJECTIVE TO FULLY SELL DOWN ITS STAKE IN PHILIPS LIGHTING OVER NEXT YEARS.  Full Article

‍Philips Teams With 3D Systems And Stratasys​
Monday, 27 Nov 2017 11:01am EST 

Nov 27 (Reuters) - KONINKLIJKE PHILIPS NV ::‍PHILIPS TEAMS WITH 3D PRINTING INDUSTRY LEADERS 3D SYSTEMS AND STRATASYS​.  Full Article

Koninklijke Philips acquires Analytical Informatics in the US
Friday, 24 Nov 2017 02:08am EST 

Nov 24 (Reuters) - KONINKLIJKE PHILIPS NV ::‍EXPANDS ITS RADIOLOGY SOLUTIONS PORTFOLIO WITH ACQUISITION OF ANALYTICAL INFORMATICS, INC​.‍FINANCIAL DETAILS OF ACQUISITION WERE NOT DISCLOSED​.  Full Article

Philips Lighting partners with Baidu in China‍​
Thursday, 16 Nov 2017 07:04am EST 

Nov 16 (Reuters) - PHILIPS LIGHTING NV ::PHILIPS LIGHTING PARTNERS WITH BAIDU TO BRING CONNECTED LIGHTING TO SMART HOMES IN CHINA‍​.  Full Article

Koninklijke Philips ‍reiterates its targets for 2017 - 2020 period​
Thursday, 2 Nov 2017 06:06am EDT 

Nov 2 (Reuters) - KONINKLIJKE PHILIPS NV ::‍REITERATES ITS TARGETS OF 4% - 6% COMPARABLE SALES GROWTH FOR 2017 - 2020 PERIOD​.‍REITERATES ITS TARGETS OF ADJUSTED EBITA MARGIN IMPROVEMENT OF 100 BASIS POINTS ON AVERAGE ANNUALLY FOR 2017 - 2020 PERIOD​.‍EXPECTS GENERATE APPROXIMATELY EUR 1 BILLION - EUR 1.5 BILLION OF FREE CASH FLOW ANNUALLY ​.‍EXPECTS IMPROVEMENT OF RETURN ON INVESTED CAPITAL (ROIC) TO MID-TO-HIGH TEENS BY 2020​.  Full Article

Koninklijke Philips collaborates with Thanh Vu Medic General Hospital in Vietnam‍​
Wednesday, 1 Nov 2017 06:29am EDT 

Nov 1 (Reuters) - KONINKLIJKE PHILIPS NV ::COLLABORATES WITH THANH VU MEDIC GENERAL HOSPITAL IN VIETNAM‍​.CONTRACT WILL LAST FROM 2018 TO 2020‍​.COLLABORATION TO PROVIDE MEDICAL EQUIPMENT AND TRAINING PROGRAMS TO THE HOSPITAL.  Full Article

Koninklijke Philips starts share repurchase program for up to 150 million euros
Monday, 30 Oct 2017 03:08am EDT 

Oct 30 (Reuters) - KONINKLIJKE PHILIPS NV ::INITIATES SHARE REPURCHASE PROGRAM FOR AN AMOUNT OF UP TO EUR 150 MILLION.‍SHARE REPURCHASE PROGRAM STARTS ON OCT 30 AND IS EXPECTED TO BE COMPLETED BEFORE DEC 31.  Full Article

Koninklijke Philips Q3 sales rise to 4.1 billion euros‍​
Monday, 23 Oct 2017 01:20am EDT 

Oct 23 (Reuters) - KONINKLIJKE PHILIPS NV ::Q3 SALES INCREASED TO EUR 4.1 BILLION, WITH COMPARABLE SALES GROWTH OF 4%‍​.Q3 REUTERS POLL: EUR 4.26 BILLION; EBITA EUR 437 MILLION; NET INCOME EUR 298 MILLION.COMPARABLE ORDER INTAKE INCREASED 5% COMPARED TO Q3 2016‍​.Q3 ADJUSTED EBITA MARGIN IMPROVED 12.8% OF SALES, COMPARED TO 11.4% OF SALES IN Q3 2016‍​.Q3 EBIT AMOUNTED TO EUR 299 MILLION VERSUS EUR 381 MILLION IN Q3 2016.Q3 NET INCOME EUR ‍​423 MILLION VERSUS EUR 383 MILLION YEAR AGO.OUTLOOK FOR 2017 REMAINS UNCHANGED.ON TRACK TO DELIVER 4 TO 6 PERCENT COMPARABLE SALES GROWTH AND IMPROVEMENT OF ADJUSTED EBITDA MARGIN OF AROUND 100 BASIS POINTS THIS YEAR‍​.  Full Article

Philips Lighting Q3 adjusted EBITDA up at 176 million euros
Thursday, 19 Oct 2017 01:07am EDT 

Oct 19 (Reuters) - PHILIPS LIGHTING NV ::Q3 ADJUSTED EBITA EUR ‍​176 MILLION VERSUS EUR 176 MILLION IN REUTERS POLL.REUTERS POLLS:Q3 NET IMCOME EUR 87.4 MILLION; Q3 SALES EUR 1.73 BILLION.‍Q3 SALES OF EUR 1,684 MILLION, WITH AN INCREASE IN COMPARABLE SALES OF 1.3%​.Q3 NET INCOME EUR 110‍​ MILLION VERSUS EUR 51 MILLION YEAR AGO.‍ON TRACK TO IMPROVE OUR ADJUSTED EBITA MARGIN BY 50-100 BASIS POINTS FOR FULL YEAR​.‍ ADJUSTED EBITA MARGIN GUIDANCE EXCLUDING A EUR 15 MILLION REAL ESTATE GAIN IN Q2​.‍EXPECT A STRONG FREE CASH FLOW IN Q4 BASED ON A SUBSTANTIAL REDUCTION IN INVENTORIES​.  Full Article

Philips receives FDA 510(k) clearance for 'small parts' ultrasound imaging solution
Friday, 13 Oct 2017 10:00am EDT 

Oct 13 (Reuters) - KONINKLIJKE PHILIPS NV ::PHILIPS RECEIVES U.S. FDA 510(K) CLEARANCE TO MARKET ITS SOLUTION FOR 'SMALL PARTS' ULTRASOUND IMAGING.  Full Article

BRIEF-Koninklijke Philips And VPS Healthcare Sign 10-Year Agreement

* AGREEMENT FOR PHILIPS' ENTERPRISE-WIDE ELECTRONIC MEDICAL RECORD SOLUTION