Philips

Philips parts ways with CEO in midst of massive recall

Dutch health technology company Philips (PHG.AS) on Tuesday unexpectedly announced the imminent departure of CEO Frans van Houten, in the midst of…

3 years ago

Philips expects summer recovery from supply chain woes

Dutch health technology company Philips (PHG.AS) said on Monday it expects sales to recover strongly in the second half of the year,…

4 years ago

Philips shares slide as shortages and recall hit profits

Philips shares (PHG.AS) plunged more than 11% on Wednesday morning after the Dutch health technology company hiked the cost of its massive…

4 years ago

Marketmind: What could possibly go wrong?

Optimism for the third quarter earnings season has provided a timely boost for equity markets, which flirted with correction territory…

4 years ago

Chips and ships: Philips cuts outlook as supply chain problems grow

Dutch health technology company Philips (PHG.AS) on Monday cut its outlook for sales and profit growth this year and said…

4 years ago

Philips beats earnings forecast as it mobilises for respiratory device recall

Dutch health technology company Philips (PHG.AS) on Monday beat analysts' expectations with a jump in second-quarter core earnings to 532…

4 years ago