Philips Q1 operational results meet expectations Philips, the lighting, consumer and healthcare products company, said its comparable sales rose 2% to €5.3 billion in the first quarter. Business • 28 Apr 15
Philips Q1 operational results meet expectations Philips, the lighting, consumer and healthcare products company, said its comparable sales rose 2% to €5.3 billion in the first quarter. Business • 28 Apr 15
Philips to sell stake in LED, car lighting arm Dutch electronics giant Philips is selling a majority stake in its LED and car lighting arm to a consortium led by China-based GO Scale Capital investment fund. Business • 31 Mar 15
Philips to sell stake in LED, car lighting arm Dutch electronics giant Philips is selling a majority stake in its LED and car lighting arm to a consortium led by China-based GO Scale Capital investment fund. Business • 31 Mar 15
Philips agrees $1.2 billion Volcano deal Philips has agreed a deal to buy US-based medical device maker Volcano for $1.2 billion including debt. Business • 17 Dec 14
Philips agrees $1.2 billion Volcano deal Philips has agreed a deal to buy US-based medical device maker Volcano for $1.2 billion including debt. Business • 17 Dec 14
Philips blames lawsuit for €103m quarterly loss Dutch electronics giant Philips on Monday posted a €103m net loss on third-quarter earnings, blaming a patent lawsuit and ever-slowing markets in China and Russia. Business • 20 Oct 14
Philips blames lawsuit for €103m quarterly loss Dutch electronics giant Philips on Monday posted a €103m net loss on third-quarter earnings, blaming a patent lawsuit and ever-slowing markets in China and Russia. Business • 20 Oct 14
Philips to split off lighting business Philips said it will break its 120-year-old company in two, creating a stand-alone lighting business and merging consumer and healthcare divisions into a €15 billion business. Business • 23 Sep 14
Philips to split off lighting business Philips said it will break its 120-year-old company in two, creating a stand-alone lighting business and merging consumer and healthcare divisions into a €15 billion business. Business • 23 Sep 14
Philips expects profit to rise after cost-cutting Philips said it expects its core profit to rise in the second half of the year after cost-cutting measures, but said 2014 would still be a challenging. Business • 21 Jul 14
Philips expects profit to rise after cost-cutting Philips said it expects its core profit to rise in the second half of the year after cost-cutting measures, but said 2014 would still be a challenging. Business • 21 Jul 14
Philips warns of challenging year Philips today reported a bigger than expected decline in quarterly operating profit. Business • 22 Apr 14
Philips warns of challenging year Philips today reported a bigger than expected decline in quarterly operating profit. Business • 22 Apr 14
Galway firm strikes licencing deal with Philips Aerogen has struck a deal with technology firm Philips that will see the Galway company licence some of its technology to the Dutch giant. Business • 07 Jan 14
Galway firm strikes licencing deal with Philips Aerogen has struck a deal with technology firm Philips that will see the Galway company licence some of its technology to the Dutch giant. Business • 07 Jan 14
Philips & Samsung among firms in EU raid Philips and Samsung Electronics said they were among the companies visited by EU officers this week on suspicion of breaking competition rules. Business • 06 Dec 13
Philips & Samsung among firms in EU raid Philips and Samsung Electronics said they were among the companies visited by EU officers this week on suspicion of breaking competition rules. Business • 06 Dec 13
Philips' profits improve across the group Philips today reported a near tripling in its third-quarter net profit, thanks to improvements across the group after two years of rationalisaton. Business • 21 Oct 13
Philips' profits improve across the group Philips today reported a near tripling in its third-quarter net profit, thanks to improvements across the group after two years of rationalisaton. Business • 21 Oct 13
Philips' Q1 profits fall as sales slip Royal Philips today reported a fall in first quarter profit due to weak sales and because last year's figures included one-time gains. Business • 22 Apr 13
Philips' Q1 profits fall as sales slip Royal Philips today reported a fall in first quarter profit due to weak sales and because last year's figures included one-time gains. Business • 22 Apr 13
Philips' third quarter earnings more than double Royal Philips Electronics, the maker of electric shavers, light bulbs and medical imaging equipment, saw earnings more than double in the third quarter. Business • 22 Oct 12
Philips' third quarter earnings more than double Royal Philips Electronics, the maker of electric shavers, light bulbs and medical imaging equipment, saw earnings more than double in the third quarter. Business • 22 Oct 12
Philips to cut 2,200 jobs by 2014 Philips, the largest maker of lights, says it plans to cut 2,200 jobs by 2014 to save €300m per year. Business • 11 Sep 12
Philips to cut 2,200 jobs by 2014 Philips, the largest maker of lights, says it plans to cut 2,200 jobs by 2014 to save €300m per year. Business • 11 Sep 12