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”.

Company_Health_Well-being_275x90.jpg

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 hightlights Q3

Business Highlights in Q3

- Set to make Philips a global leader in coffee machines, Philips completed the acquisition of Saeco International Group S.p.A. of Italy, one of the world’s leading espresso machine makers.

 

- Philips was the first company to submit an entry in a competition by the US Department of Energy challenging the industry to develop high-quality, LED-based alternatives to 60W incandescent lightbulbs. The submitted LED retrofit lamp has clear potential to become a mass-market product.

 

- Philips launched Sonicare For Kids, the first-ever Sonicare power toothbrush for children. This step broadens the Philips Oral Healthcare portfolio and allows the unique Philips Sonicare technology to now also contribute to the oral healthcare of children.

 

Read Philips insights on how to beat the winter blues and to increase the quality of your sleep.


 
 
Philips in Q3 2009


Net sales   EUR 5.6 bln
EBITA   EUR 344 mln
Net income     EUR 176 mln