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Philips

World news about “Philips” published by euronews.

22/04 14:31 CET

Philips profit falls on strong euro, slowing demand in China and Russia

Philips profit falls on strong euro, slowing demand in China and Russia

Philips' shares tumbled on Tuesday after the healthcare, lighting and consumer appliances maker reported a bigger-than-expected fall in quarterly operating profit. It warned this year will be challenging, with slowing demand for medical equipment in China along with weakness in…

  • Philips quits home entertainment
    29/01 14:05 CET

    Philips quits home entertainment

    Philips Chief Executive Frans van Houten is continuing his efforts to focus on its more profitable home appliances and healthcare operations…

  • Philips’s restructuring continues to bear fruit
    22/10 19:14 CET

    Philips’s restructuring continues to bear fruit

    Dutch electronics giant Philips share price posted the biggest increase…

  • Philips cuts more costs and jobs
    11/09 14:23 CET

    Philips cuts more costs and jobs

    Philips is stepped up its cost-cutting efforts - with additional layoffs of workers. The maker of consumer electronics, medical equipment, and…

  • Philips defies black Monday
    23/07 20:32 CET

    Philips defies black Monday

    As Europe's stocks fell amid fears that Spain was likely to request a full scale bailout, Dutch company Philips made gains. *Find out more in…

  • Philips shake up boosts profits
    21/10 14:07 CET

    Philips shake up boosts profits

    Philips said its latest quarterly net profit – at 281 million euros – was nearly triple what it made a year ago. That follows two years of…

  • Philips refocus brings healthier results
    22/07 18:21 CET

    Philips refocus brings healthier results

    Philips’ focus on health care products and away from consumer electronics seems to be paying off. After a strategic overhaul, the…

  • Philips cuts losses and quits TV market
    02/04 15:28 CET

    Philips cuts losses and quits TV market

    Philips has finalised the spinoff of its loss-making TV division begun last November, retaining just 30% in a joint venture with Hong Kong’s…


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