Koninklijke Philips N.V.
Company Snapshot
Founded: 1891
Entity Type: Public
Employees: 67,823
Region: U.S.
Revenue: $19,502.5 Millions
Revenue Year: 2024
Segment: Diagnosis & Treatment businesses
Headquarter: Amsterdam, Netherlands
Key Geographics: North America, Western Europe, Other mature geographies, Growth geographies
Corporate Address: Philips Center, Amstelplein 2, 1096 BC Amsterdam, The Netherlands. Tel: +31-20-597-7777 Website: www.philips.com
Company Overview
Koninklijke Philips N.V. has shifted its business model to end-to-end businesses to increase its agility in pursuing value creation with a long-term influence. The four business segments, diagnosis & treatment, connected care, personal health, and others, are individually in charge of managing their business operations globally. The company’s mission is to improve 2.5 billion lives per year by 2030, including 400 million in underserved communities. However, the company’s products and services reached 1.9 billion people in 2023, including 221 million in underserved communities. It has more than 53,000 patent rights. Koninklijke Philips N.V. has presence across 100 countries.
Financial Highlights (FY 2024)
Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***
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Koninklijke Philips N.V. In News
Company's Business Segments
- Diagnosis & Treatment : Precision Diagnosis and Image Guided Therapy.
- Connected Care : Monitoring, Sleep & Respiratory Care, and Enterprise Informatics.
- Personal Health : Personal Health
Applications/End User Industries
- Cardiology
- Peripheral Vascular
- Neurology
- Surgery
- Oncology
- Healthcare
- Medical Technology