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”.

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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.

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Business Highlights in Q1

- Philips’ Home Healthcare Solutions announced plans to introduce innovative sleep therapy and respiratory solutions in India. This planned Indian market entry will help drive additional growth for Philips both in the hospital and in the home.

 

- At Arab Health, Philips introduced a new ultrasound system designed to help clinicians deliver high-quality care for a full range of women’s health needs. The Philips HD9 system provides advanced imaging technology for obstetrics, gynecology and breast imaging.

 

- Philips was the first in the industry to present real-time 3D imaging results obtained with a new medical imaging technology called Magnetic Particle Imaging (MPI). This is a major step in taking MPI from a theoretical concept to an imaging tool to help improve diagnosis and therapy planning for diseases such as heart disease, stroke and cancer.

 

Read Philips insights on how hospitals can be designed around the needs of patients.


 
 
Philips in Q1 2009


Net sales   EUR 5.1 bln
EBITA   - EUR 74 mln
Net loss     EUR 59 mln