Company Profile

Company Profile

Royal Philips of the Netherlands is a diversified technology company, focused on improving people’s lives through meaningful innovation in the areas of Healthcare, Consumer Lifestyle and Lighting. The company is a leader in cardiac care, acute care and home healthcare, energy efficient lighting solutions and new lighting applications, as well as male shaving and grooming and oral healthcare.

Brand-Campaign-key-visual-275x90.jpg

Creating innovations that matter to people

Since the introduction of the first Philips light bulb more than 120 years ago, innovation and a people-centric approach have always been at the core of our company.

 

Our commitment is to deliver new healthcare and lighting technologies, as well as innovative and locally relevant consumer products that make a real difference to our customers, consumers and stakeholders across the globe. We believe that the best way for us to do this, is through deep understanding of people’s needs and desires.

 

When we bring the two together – people and innovation – we create the next generation of technology and things that people truly want and need. These are meaningful innovations that help people to be healthy, live well and enjoy life. This sets us apart and makes us Philips.

Company Business highlights Q1

Business Highlights in Q1

Philips, as a leading provider of innovative healthcare solutions, and MEDSI, Russia’s largest network of private clinics, have signed a memorandum of understanding for a multi-year partnership that will provide MEDSI hospitals with the latest Philips healthcare equipment and technology, hospital management and consultancy services.

 

Continuing the geographical expansion of Philips’ product innovations, the Philips Airfryer is now available in more than 100 countries. Philips is now the world’s number one low-fat fryer brand.

 

Expanding its leadership in connected lighting for the home, Philips broadened its Philips Hue portfolio. It introduced Philips Hue lux, a bright white light-only version of Philips Hue, as well as the world’s first 3Dprinted luminaires and Philips Hue tap, an innovative kinetic wireless switch.

 

 
Circular Economy

Philips’ transition to a Circular Economy


 
 
Philips in Q1 2014

Sales                                 5 bln
Adjusted EBITA            368 mln
Net income                    137 mln