Koninklijke Philips N.V.
Hieronder vindt u informatie uit het register openbaarmaking voorwetenschap. Deze informatie is door de organisatie verstrekt.
Publicatie datum
23 sep 2008 - 08:31
Statutaire naam
Koninklijke Philips N.V.
Titel
Philips updates markets on Lighting and Design in meeting with financial analysts
Bericht
September 23, 2008
PHILIPS UPDATES MARKETS ON LIGHTING AND DESIGN IN MEETING WITH FINANCIAL ANALYSTS
Amsterdam, the Netherlands – At a meeting with investors and financial analysts today, Royal Philips Electronics (NYSE: PHG, AEX: PHI) will update the markets on progress at its Lighting sector. Rudy Provoost, Chief Executive officer of Philips Lighting and member of the Philips Board of Management, will discuss Philips’ strategy to further strengthen its global leadership position in Lighting.
Mr. Provoost, together with members of his management team, will discuss the drivers that are expected to help further increase profitable growth, including a progress update on both ‘Green’ lighting solutions and on the integration of recent strategic acquisitions. Mr. Provoost will also address Philips Lighting’s strategy for emerging markets and will elaborate on developments in the important business area of Solid State Lighting (LED) explaining how the sector is well positioned to capture the opportunities in this fast-growing field.
“Many of today’s important societal trends and the transformation of the industry come together at Philips Lighting, providing us great business opportunities,” commented Rudy Provoost. “We aim to capture value from new business opportunities by putting greater emphasis on solid-state lighting and leveraging the expertise of our recently acquired companies. We are also shifting our portfolio towards integrated applications and systems to provide compelling end-user driven innovations for all key segments of the industry. I am confident that our balanced portfolio will continue to allow us to deliver solid performance even in tougher economic circumstances such as we are facing now.”
Mr. Provoost will confirm that Philips Lighting is on track to achieve its EBITA margin target of 12% to 14% for 2010, supporting Philips’ Vision 2010 group guidance. He will also confirm Lighting expects for the medium term an average annual sales growth
Datum laatste update: 15 januari 2025