Company Profile

Company Profile

Royal Philips Electronics of the Netherlands is a diversified Health and Well-being company, focused on improving people’s lives through timely innovations. As a world leader in healthcare, lifestyle and lighting, Philips integrates technologies and design into people-centric solutions, based on fundamental customer insights and the brand promise of “sense and simplicity”.

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Building the Leading Brand in Health and Well-Being

We seek to improve the quality of people’s lives through focusing on their health and well-being. Quite simply, we want to help people live a healthy, fulfilled life.

 

By “health” we mean not only medical-related aspects of health, but also keeping fit, eating a healthy diet, and generally living a healthy lifestyle.

 

By “well-being” we mean general sense of fulfillment, feeling good and at ease. “Well-being” also refers to a sense of comfort, safety and security people feel in their environment – at home, at work, when shopping or on the road. Our focus on Health and Well-being automatically implies that we contribute to building a sustainable society.

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Business Highlights

- In the 2008 ranking of the top-100 global brands by Interbrand, a leading brand consultant, the value of Philips brand increased 8% to USD 8.3 billion, ranking Philips in 43rd place.

 

- In August 2008, Philips received the Gold IF design award for the new consumer website (www.consumer.philips.com)

 

- Philips was recently named among the 2008 World’s Most Ethical Companies by Ethisphere Magazine, the quarterly publication of the Ethisphere Institute, which actively stimulates companies to invent solutions that reduce the carbon footprint.

 
Did you know... ?

…that in October Philips hosted its 2008 Simplicity Event on the Red Square in Moscow, Russia. During the event Philips unveiled a range of innovative and original concepts for Health and Well-being, aiming to make a difference to both people and the environment.


 
 
Philips in Q3 2008


Net sales EUR 6.3 bln
EBITA EUR 128 mln
Net income   EUR 357 mln