PHIA 📈 Koninklijke Philips - Overview

Koninklijke Philips NV is a health technology company with a global presence, operating in key regions such as North America, the Greater China, and internationally. The company's business is structured around three main segments: Diagnosis & Treatment Businesses, Connected Care Businesses, and Personal Health Businesses. This segmentation enables Philips to cater to a wide range of healthcare needs, from diagnosis and treatment to patient care and personal wellness.

Within its Diagnosis & Treatment Businesses segment, Philips offers a comprehensive portfolio of diagnostic imaging solutions, including magnetic resonance imaging, X-ray systems, and computed tomography (CT) systems. The company's detector-based spectral CT solutions provide enhanced image quality and diagnostic capabilities, while its molecular and hybrid imaging solutions support nuclear medicine applications. Additionally, Philips' echography solutions are designed for diagnosis, treatment planning, and guidance in cardiology, general imaging, obstetrics/gynecology, and point-of-care applications. The company also provides integrated interventional systems and interventional diagnostic and therapeutic devices for treating coronary artery and peripheral vascular disease.

In the Connected Care Businesses segment, Philips focuses on delivering acute patient management solutions, emergency care solutions, sleep and respiratory care solutions, as well as electronic medical record and care management solutions. These offerings are designed to support healthcare professionals in providing high-quality patient care, while also enhancing the efficiency and effectiveness of healthcare systems. By leveraging its expertise in health technology, Philips aims to improve patient outcomes, reduce costs, and enhance the overall quality of care.

Philips' Personal Health Businesses segment encompasses a range of consumer-focused products and solutions, including power toothbrushes, brush heads, and interdental cleaning and teeth whitening products. The company also offers infant feeding, baby monitors, and digital parental solutions, as well as grooming and beauty products and solutions. These products are designed to support individuals in maintaining their health and wellbeing, from oral care to personal grooming and beauty.

Strategically, Philips has formed partnerships with leading healthcare organizations, such as TriHealth, Northwell, Atrium Health, Mayo Clinic, and Edith Cowan University. These collaborations enable the company to stay at the forefront of healthcare innovation, while also providing opportunities for knowledge sharing, research, and development. With a rich history dating back to 1891, Koninklijke Philips NV has evolved from a diversified electronics company to a focused health technology leader, with its name change in 2013 reflecting this transformation. Today, the company is headquartered in Amsterdam, the Netherlands, and is listed on the stock exchange with the ISIN code NL0000009538, classified as a common stock under the GICS Sub Industry: Health Care Equipment.