Philips to postpone its Capital Markets Day to the fourth quarter of 2020
March 31 2020 - 12:00PM
Philips to postpone its Capital Markets Day to the fourth quarter
of 2020
March 31, 2020
Amsterdam, the Netherlands – In connection with
the coronavirus disease (COVID-19) outbreak and related
precautionary measures, Royal Philips (NYSE: PHG; AEX: PHIA), a
global leader in health technology, today announced that it will
postpone its Capital Markets Day – which was scheduled to take
place in London (UK) on May 13, 2020 – to the fourth quarter
of 2020.
In the fourth quarter of this year, Philips also plans to
provide an update on the company’s medium-term financial targets
and performance trajectory for the period after 2020.
Further details about the new date and the venue of Philips’
2020 Capital Markets Day will be announced in due course. Investors
and analysts are advised to regularly check the company’s website
(www.philips.com/investorrelations) for updates.
For further information, please contact:
Ben ZwirsPhilips Global Press OfficeTel.: +31 6 1521 3446E-mail:
ben.zwirs@philips.com
Derya GuzelPhilips Investor RelationsTel.: +31 20 5977055E-mail:
derya.guzel@philips.com
About Royal PhilipsRoyal Philips (NYSE: PHG,
AEX: PHIA) is a leading health technology company focused on
improving people's health and enabling better outcomes across the
health continuum from healthy living and prevention, to diagnosis,
treatment and home care. Philips leverages advanced technology and
deep clinical and consumer insights to deliver integrated
solutions. Headquartered in the Netherlands, the company is a
leader in diagnostic imaging, image-guided therapy, patient
monitoring and health informatics, as well as in consumer health
and home care. Philips' health technology portfolio generated 2019
sales of EUR 19.5 billion and employs approximately 80,000
employees with sales and services in more than 100 countries. News
about Philips can be found at www.philips.com/newscenter.
Forward-looking statements This release
contains certain forward-looking statements with respect to the
financial condition, results of operations and business of Philips
and certain of the plans and objectives of Philips with respect to
these items. Examples of forward-looking statements include
statements made about the strategy, estimates of sales growth,
future EBITA, future developments in Philips’ organic business and
the completion of acquisitions and divestments. By their nature,
these statements involve risk and uncertainty because they relate
to future events and circumstances and there are many factors that
could cause actual results and developments to differ materially
from those expressed or implied by these statements.
- Philips CEO Frans van Houten speaks at Capital Markets Day
2018
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