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Philips reaches US sleep apnea apparatus deal for €1 billion

Philips reaches US sleep apnea apparatus deal for €1 billion
dutchnews.nl - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dutchnews.nl Daily Mail and Mail on Sunday newspapers.

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European Midday Briefing: Fed Rate Decision, Earnings in Focus This Week

European Midday Briefing: Fed Rate Decision, Earnings in Focus This Week
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Philips delivers first-quarter results in line with 2024 performance improvement plan; Resolves the Respironics personal injury and medical monitoring litigation in the US for USD 1.1 billion

April 29, 2024 First-quarter highlights Group sales amounted to EUR 4.1 billion, with comparable sales growth of 2.4%Comparable order intake -3.8%, mainly due to ChinaUSD 1.1 billion.

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Philips Q1 Loss Widens, Backs FY24 View, Settles Respironics Litigation; Stock Surges

Shares of Philips Electronics NV surged around 47 percent in the morning trading in Amsterdam as well as around 44 percent in the pre-market activity on the NYSE after the Dutch consumer electronics giant announced Monday that Philips Respironics will pay a total of $1.

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Philips settles US sleep machine cases for $1.1 billion

Philips settles US sleep machine cases for $1.1 billion
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