Royal Philips Raises Guidance After Swinging to 3Q Profit

[ad_1] Updated Oct. 23, 2023 2:32 am ET Royal Philips raised its full-year guidance after swinging to net profit for the third quarter of the year on higher sales, with…

Philips to sell more made-in-India products

[ad_1] New Delhi: Royal Philips will make more personal health products in India after the company expanded production at its co-manufacturing site in Baddi, Himachal Pradesh, which will now produce…

Philips Can Recover From Its Health Crisis

[ad_1] The European medical-technology supplier is starting to emerge from a torrid period marked by the recall of machines for treating sleep apnea. [ad_2] Source link

Exor Buys 15% Stake in Philips

[ad_1] Exor has taken a 15% stake in Philips for an undisclosed sum but worth around €2.6 billion and will be able to nominate one board member. [ad_2] Source link

Royal Philips 1Q Net Loss Widened on Litigation Costs

[ad_1] Royal Philips reported a loss for the first quarter of €655 million after booking a provision related to a class action in the U.S., and added uncertainties remained for…