Koninklijke Philips

Koninklijke Philips Electronics is active in the markets of healthcare, consumer lifestyle and lighting. Co.'s activities can be divided into three segments: Healthcare (Co. provides Imaging Systems, Patient Care and Clinical Informatics, Home Healthcare Solutions and Customer Services), Consumer Lifestyle (Co.'s products are divided into the following: Health and Wellness; Domestic Appliances; and Lifestyle Entertainment), Lighting (Co. provides lighting solutions for homes, shops, offices, schools, hotels, factories and hospitals; Co. also offers solutions for roads (street lighting and car lights) and for public spaces, residential areas and sports arenas).
  • TickerPHIA
  • ISINNL0000009538
  • ExchangeEuronext Amsterdam
  • SectorHealth Care Equipment & Services
  • CountryNetherlands

Analysts

Alfred Glaser ...
  • Delphine Brault

Philips : The 2019-2020 targets remain ambitious

>Q3 broadly in line with the profit warning flagged on 10 October - Yesterday, the group published its Q3 report which reflected the figures pre-announced when the profit warning was flagged on 10 October. Orders were stable in Q3 and showed l-f-l growth of 3% over the first nine months. Sales rose 6.3% l-f-l, a brisk pace, notably with an impressive +9.1% for the diagnosis & treatment division. The adjusted EBITA margin reached, as pre-announced, 12.4%, down 80bp, pe...

Alfred Glaser ...
  • Delphine Brault

Philips : Les objectifs 2019-20 restent ambitieux

>Un T3 globalement en ligne avec le warning du 10 octobre dernier - Le groupe a publié hier un T3 qui était le reflet des chiffres pré-annoncés lors de l’avertissement sur résultats du 10 octobre dernier. Les commandes étaient stables au T3, portant la croissance de ces dernières à 3% en comparable sur les 9 premiers mois. Le chiffre d’affaires progresse de 6.3% en comparable, un rythme soutenu, avec notamment un impressionnant +9.1% pour la division Diagnosis & Treat...

Nurhayati Wan

Koninklijke Philips N.V.

Oscar Rodriguez

PHILIPS: MENSAJES DE LA CONFERENCE CALL RDOS. 3T'19 (ANÁLISIS BANCO SABADELL)

De la conference call de sus Rdos. 3T’19 destacamos:  En relación al guidance 2019 y 2020 (revisados a la baja el 10/10 en su prepublicación de Rdos.), PHIA ha reafirmado su confianza en alcanzar sus objetivos de mejora en margen EBITA en 2019 (+10/+20 pbs vs +20 pbs BS(e)) y 2020 (+100 pbs vs +80 pbs BS(e)).  En Connected Care (20% ventas, reponsable del profit warning en 3T), creen que parte de los problemas vistos en 3T no serán relevantes en 4T (lo que les permitirá que repunte los márgenes en este trimestres). En este sentido la compañía considera que serán capaces de mejorar gradualm...

Alfred Glaser ...
  • Delphine Brault

Philips : A Q3 in line with the warning issued by the group on 10 October

>Q3 2019: organic growth of +6.3%, adjusted EBITA margin -80bp - Philips has just reported its definitive Q3 results, in line with the preliminary results released 15 days ago, during a profit warning. As pre-announced, orders are stable in Q3 on an organic basis, implying growth of just 3% over 9M 2019, which could impact future business growth should this weak growth rate be confirmed. By region, North America posted a decline of over 10% on an organic basis in...

A director sold 32,984 shares at 31.770EUR and

A director at Koninklijke Philips Electronics N.V. sold 32,984 shares at 31.770EUR and the significance rating of the trade was 79/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing r...

Alexandre Iatrides ...
  • Alfred Glaser
  • Delphine Brault
  • Florent Laroche-Joubert
  • Jean Sassus
  • Manuel Martin, CEFA,CREA
  • Martial Descoutures
  • Oussema Denguir
  • Pierre Tegner
  • Roland Pfaender,MBA,CFA,CCRA
  • Stephane Houri
  • Steven Gould
  • Sven Edelfelt
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 10/29/2019

...

Alexandre Iatrides ...
  • Alfred Glaser
  • Delphine Brault
  • Florent Laroche-Joubert
  • Jean Sassus
  • Manuel Martin, CEFA,CREA
  • Martial Descoutures
  • Oussema Denguir
  • Pierre Tegner
  • Roland Pfaender,MBA,CFA,CCRA
  • Stephane Houri
  • Steven Gould
  • Sven Edelfelt
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 29/10/2019

...

Ahmed Ben Salem ...
  • Alexandre Iatrides
  • Alfred Glaser
  • Benoit Valleaux
  • Bruno Cavalier
  • Charles Lepetitpas
  • Christophe-Raphaël Ganet
  • Delphine Brault
  • Emmanuel Matot
  • Geoffroy Michalet
  • Jerôme Bodin
  • Laurence Hofmann
  • Stephane Houri
  • Sven Edelfelt
  • Virginie Rousseau
  • Yassine Batini

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 10/28/2019

...

Ahmed Ben Salem ...
  • Alexandre Iatrides
  • Alfred Glaser
  • Benoit Valleaux
  • Bruno Cavalier
  • Charles Lepetitpas
  • Christophe-Raphaël Ganet
  • Delphine Brault
  • Emmanuel Matot
  • Geoffroy Michalet
  • Jerôme Bodin
  • Laurence Hofmann
  • Stephane Houri
  • Sven Edelfelt
  • Virginie Rousseau
  • Yassine Batini

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 28/10/2019

...

Alexandre Iatrides ...
  • Alfred Glaser
  • Delphine Brault
  • Emmanuel Matot
  • Stephane Houri
  • Sven Edelfelt
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 10/10/2019

...

Nurhayati Wan

Koninklijke Philips N.V.

Nurhayati Wan

Koninklijke Philips N.V.

Nurhayati Wan

Koninklijke Philips N.V.

With a more favourable environment, KON.PHILIPS ELTN.NA improves to Slightly Positive

KON.PHILIPS ELTN.NA (NL), a company active in the Medical Equipment industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 3 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date July 2, 2019, the closing price was EUR 39.17 and its potential was estimated at EUR 41.13.

Nurhayati Wan

Koninklijke Philips N.V.

ING
Alyssa Gammoudy ...
  • Hendrik Wiersma
  • Jeroen van den Broek
  • Nadège Tillier
  • Suvi Platerink Kosonen
  • Timothy Rahill

Coffee, Croissants & Credit/Metro, Verizon and Philips

Metro (MEOGR) credit rating update S&P BBB-/stable affirmed: MEOGR1.25 3/25 still preferred

ING
Alyssa Gammoudy ...
  • Hendrik Wiersma
  • Jeroen van den Broek
  • Nadège Tillier
  • Suvi Platerink Kosonen
  • Timothy Rahill

Coffee, Croissants & Credit/Carrefour, AT&T and Philips

Carrefour: Pick your battle in Brazil; no impact on spreads

ING
Hendrik Wiersma ...
  • Jeroen van den Broek
  • Nadège Tillier
  • Suvi Platerink Kosonen

Coffee, Croissants & Credit/Telia, Shell, AkzoNobel, Philips and EDF

TMT: Telia names CFO Luiga acting CEO; TELIA3.875 10/25 and TELIA3 9/27 favoured

ING
Hendrik Wiersma ...
  • Jeroen van den Broek
  • Job Veenendaal
  • Nadège Tillier
  • Suvi Platerink Kosonen

Coffee, Croissants & Credit/Solid start of the year for Philips

Philips (PHIANA) released solid 1Q19 results this morning. Sales came in at €4.2bn, 5% higher on a reported basis and 2% up on a comparable perimeter. The adjusted EBITA result amounted to €364m, compared to €344m in the same period a year earlier. This resulted in an adjusted EBITA margin of 8.8%, 10bp more than in 1Q18. We view today's earnings report a neutral to spreads. On Philips own curve we prefer the PHIANA0.5 9/23 as the pick-up from the extension to the PHIANA0 5/24 is limited. The PHIANA1.375 5/28 trades inside Orange and we therefore believe is expensive.

ING
Hendrik Wiersma ...
  • Job Veenendaal
  • Nadège Tillier
  • Suvi Platerink Kosonen

Benelux Credit Digest/Issuer Profiles

Once again, it is with great pleasure that we present the eleventh edition of our Benelux Credit Digest, our annual overview of the key fundamentals and credit metric developments of the most important corporate and financial credits in Belgium, the Netherlands and Luxembourg.

MarketLine Department

Hologic, Inc. - Strategy, SWOT and Corporate Finance Report

Hologic, Inc. - Strategy, SWOT and Corporate Finance Report Summary Hologic, Inc. - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Hologic, Inc. (Hologic) is a diversified medical technology company focused on improving women’s health and well-being. The company is involved in manufacture and distribution of premium diagnostics products, medical imaging systems ...

MarketLine Department

Panasonic Corporation - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's Panasonic Corporation Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Panasonic Corporation since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advanta...

Expert Corporate Governance Service (ECGS)

Koninklijke Philips - AGM 09 May 2019

In general, Koninklijke Philips ("Philips") is in compliance with the Dutch regulations relating to the organisation and procedures of the Annual General Meeting. Under ITEM 4a, it is proposed to re-appoint Mr. David Pyott as Member of the supervisory board. Although he is considered independent, ECGS has concerns over his aggregate time commitments. Mr. Pyott is serving as Chairman of the board of directors of Bioniz Therapeutics LLC (substantial non-listed company) and non-executive director of Avery Dennison Inc, Koninklijke Philips N.V, Alnylam Pharmaceuticals Inc and Biomarin Pharmaceuti...

Philips Electronics – Proxinvest Corporate Governance Rating ® : A

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

Expert Corporate Governance Service (ECGS)

Koninklijke Philips - Proxy Report - 19/10/2018

Under agenda item 1 it is proposed to newly appoint Dr Harrison as a member of the Supervisory Board for a 4-year term. Dr Harrison is considered independent. We have no concerns over the proposed appointment of Dr Harrison and recommend approval. On 29 August 2018, the Company announced that it intended to increase the remuneration of the Supervisory Board members. An earlier proposal was withdrawn at the 2017 AGM due to objections from its shareholders. After holding discussions with many of its shareholders, the Company request its shareholders under agenda item 2 to approve a changed prop...

Jérôme VINERIER

Analyse court terme - PHILIPS : La tendance est baissière.

La tendance est baissière. Les prix baissent à nouveau, mais le mouvement est devenu hésitant. Le prochain support est à 29,412 €. La tendance baissière serait remise en cause au-dessus de 35,000 €.

Jérôme VINERIER

Short term view - PHILIPS : The trend is bearish.

The trend is bearish. Prices are falling again, but the movement has become hesitant. The next support is at €29.412. The bearish trend would be challenged above €35.000.

Jérôme VINERIER

Short term view - PHILIPS : The trend is bearish.

The trend is bearish. The movement goes on. The next target is at €29.412, then €28.573. Passing €35.000 would question the continuation of the fall.

Jérôme VINERIER

Analyse court terme - PHILIPS : La tendance est baissière.

La tendance est baissière. Le mouvement se poursuit. Le prochain objectif est à 29,412 €, puis 28,573 €. Le franchissement de 35,000 € remettrait en cause la suite de la baisse.

Jérôme VINERIER

Analyse moyen terme - PHILIPS : Les cours baissent.

La tendance est incertaine. Les cours baissent, et il y a une possibilité d'accélération baissière. Une nouvelle tendance baissière tente de démarrer.

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