Boston, Massachusetts, USA – At a meeting with investors and financial analysts today, Royal Philips Electronics (NYSE: PHG, AEX: PHI) will update the market on progress at its Healthcare sector. Executives at Philips Healthcare, including sector Chief Executive Officer and member of the Philips Board of Management Steve Rusckowski, will elaborate on the longer-term growth prospects of the global healthcare market and how the sector is executing on its strategy.
In particular, the Healthcare leadership team will show how the sector is seizing new market opportunities with its expanding product and service portfolio, while leveraging leadership positions, which include Home Healthcare, Healthcare Informatics and Clinical Decision Support. Management will also elaborate on Philips Healthcare plans to drive double digit sales growth in emerging markets, the fastest growing region within the global healthcare market. Philips expects one-fifth of Healthcare sales to come from emerging markets in 2010.
“Our world is facing some inescapable healthcare challenges in the medium-to-long term. The increasing depth and scale of our healthcare sector means that we are able to contribute in an even more impactful way to the solutions that are needed to address these challenges,” Mr. Rusckowski said.
Attendees of this Capital Markets Day will first enjoy a demonstration of the latest healthcare solutions and innovations at Philips Healthcare’s headquarters in Andover, Massachusetts, USA. This will be followed by presentations of the Philips Healthcare executive team in Boston, Massachusetts, USA, starting at 11:30 AM local time or 17:30 PM, CET. These can be monitored via audiocast at this page.