Company Profile

Company Profile

Royal Philips Electronics of the Netherlands is a diversified Health and Well-being company, focused on improving people’s lives through timely innovations. As a world leader in healthcare, lifestyle and lighting, Philips integrates technologies and design into people-centric solutions, based on fundamental customer insights and the brand promise of “sense and simplicity”.
 

Philips leaders on Health and Well-being
 
 

 
 
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Building the Leading Company in Health and Well-Being

We seek to improve the quality of people’s lives through focusing on their health and well-being. Quite simply, we want to help people live a healthy, fulfilled life.

 

By “health” we mean not only medical-related aspects of health, but also keeping fit, eating a healthy diet, and generally living a healthy lifestyle.

 

By “well-being” we mean general sense of fulfillment, feeling good and at ease. “Well-being” also refers to a sense of comfort, safety and security people feel in their environment – at home, at work, when shopping or on the road. Our focus on Health and Well-being automatically implies that we contribute to building a sustainable society.

Company Business highlights Q4

Business Highlights in Q4

Resulting from Philips’ continuous investments in innovation, the company has received 510(k) clearance from the Food and Drug Administration (FDA) to market its whole body PET/MR imaging system, the Ingenuity TF PET/MR, and its HeartNavigator interventional tool in the US. In addition, the company has introduced the next generation mammography solution, Philips MicroDose, in the US.

 

Philips completed the acquisition of Povos, a leading kitchen appliance company in China, significantly stepping up its position in the market and enhancing its local and global business creation capabilities.

 

Philips’ acquisition of Indal, a leading professional luminaires company based in Spain, has been approved by regulatory authorities and is now closed. With this acquisition, Philips will further strengthen its position and fuel growth in European outdoor lighting solutions.

 
 
Philips in Q4 2011

Sales                             6.7 bln
EBITA                         503 mln
Net income                (160) mln