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Philips

  • Top kitchen essentials from steam generator irons to air fryers

    Life&Style

    We’ve rounded up some of the best kitchen and home essentials that combine style, functionality, and efficiency. From powerful steam generator irons to versatile air fryers, sleek coffee machines, and innovative multi-functional gadgets, these top picks are designed to simplify your daily routine. Whether you’re tackling a pile of laundry, whipping up gourmet meals, or [...]

  • Philips shrugs off ‘challenging year’ with UK profit spike

    Business

    The UK arm of consumer electronics firm Philips shrugged off a “year of many challenges” to post a surge in profit for 2023. The division, which is headquartered in Farnborough, has reported a pre-tax profit of £26m for the 12 months, up from the £5m it posted in 2022. According to newly-filed accounts with Companies [...]

    Profit has surged at the UK arm of Philips. (Photo by Patrik Stollarz/Getty Images)
  • Philips raises full-year outlook despite slowing orders

    Technology

    Dutch health technology manufacturer Philips raised its full-year outlook on Monday even as its order intake sagged.

  • Philips shares and profits up as investors dismiss £575m sleep device recall bill

    April 24, 2023

    Philips shares jumped 13 per cent on Monday as the Dutch health technology company reported much better than expected first-quarter results and said it had set aside €575 million ($631 million) related to lawsuits over its recall of respiratory devices. Amsterdam-based Philips has been grappling with the fallout of the global recall of millions of respirators used to treat [...]

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