Opportunity for significant savings in energy consumption, reduction of paper and elimination of disposable batteries for telemetry revealed in Life Cycle Assessment Amsterdam, The Netherlands and Cambridge, Mass. and Miami, FL. – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, and Jackson Health System, one of the nation's largest public health systems in the United States, today announced results of a collaborative Life Cycle Assessment (LCA) measuring the sustainability impact ...

Enhanced longer version of Philips LumiGuide Navigation Wire enables US clinicians to visualize a broader range of catheters Internationally recognized vascular surgeon Carlos Timaran, MD, was the first to use the new LumiGuide wire to perform a complex aortic repair, Procedure marks the world's 1000th procedure assisted by Philips' unique Fiber Optic RealShape (FORS) guidance technology Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced ...

Investors looking for stocks in the Medical - Products sector might want to consider either Royal Philips (PHG) or EssilorLuxottica Unsponsored ADR (ESLOY) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look. There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank ...

Philips (PHG) recently announced the renewal of its long-standing partnership with Isala hospital in a bid to enhance healthcare delivery through innovative, cost-effective solutions. Per the terms, Isala hospital will use Philips' technology to optimize healthcare processes and deliver patientcentered, accessible, affordable, and cost-effective care. The hospital will also replace medical systems like MRI and CT scanners with Philips' essential imaging systems and support services, ensuring continuous upda ...

August 13, 2024 Amsterdam, The Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, and Isala hospital (Zwolle, The Netherlands) have renewed their long-term strategic partnership to enhance healthcare delivery through innovative and cost-effective solutions. This collaboration aims to ensure healthcare remains accessible, available, and affordable by leveraging Philips' advanced technology, data analytics, and AI. Focusing on the radiology and cardiology departments, it ...

August 5, 2024 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA) today announced that it will repurchase shares for an amount of up to EUR 125 million to cover certain of its obligations arising from its long-term incentive plans. At the current share price, this represents a total of approximately 4.8 million shares. The repurchases will be executed through a combination of forward transactions and open market purchases with a financial institution. Philips expects to take delivery of the f ...

August 5, 2024 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA) today announced that it will repurchase shares for an amount of up to EUR 125 million to cover certain of its obligations arising from its long-term incentive plans. At the current share price, this represents a total of approximately 4.8 million shares. The repurchases will be executed through a combination of forward transactions and open market purchases with a financial institution. Philips expects to take delivery of the f ...

Diagnosis & Treatment's adjusted EBITA margin expanded 160 bps on a year-over-year basis to 12.2%, primarily driven by improved sales, pricing and productivity measures. Connected Care's adjusted EBITA margin was 8.8% in the reported quarter, which expanded 130 bps on a yearover-year basis. Operating cash inflow was €89 million against the year-ago quarter's operating cash flow of €135 million. Further, adjusted EBITA margin is expected in the band of 11-11.5%. Some better-ranked stocks in the broader medic ...

Forward-looking statements and other important information Important information These factors include but are not limited to: Philips' ability to gain leadership in health informatics in response to developments in the health technology industry; Philips' ability to keep pace with the changing health technology environment; macroeconomic and geopolitical changes; integration of acquisitions and their delivery on business plans and value creation expectations; securing and maintaining Philips' intellectual ...

Consensus Revenue Estimates Nevertheless, management cited a strong performance across all business units from diversified revenue streams including software, services, devices, and consumables. By segment, Diagnosis & Treatment comparable sales grew 4% y/y, followed by a 2% increase from Connected Care and the Personal Health groups. Shares of Koninklijke Philips N.V. (NYSE:PHG) surged following a strong second quarter earnings report highlighted by momentum in comparable sales and expanding profitability ...