On Monday July 25th, Philips announced its second quarter results for 2022. While Philips’ performance in the quarter was impacted by headwinds, the company’s order book strength and improving component supplies are expected to deliver growth and profitability improvement from the second half of 2022 onwards. CEO Frans van Houten took the opportunity to provide more context in this interview with Bloomberg TV.
Philips CEO Frans van Houten speaks with Manus Cranny and Anna Edwards on Bloomberg TV’s ‘Daybreak Europe’ on Monday July 25th. Click on the image or this link to watch the interview.