Philips' Annual Results 2007 - Background information

October 15, 2007

Financial report

Presentations

Audio webcast

The fourth quarter results conference call with Gerard Kleisterlee, President & CEO, and Pierre-Jean Sivignon, CFO, will start at 09:15AM CET on Monday, January 21, 2008. A replay will be made available via audio webcast at approximately 11.30AM CET and will be accessible for a year. Furthermore a transcript of this call will be published the following day.

Video webcast

The 2007 Annual Results press conference will start at 11:00AM CET on January 21, 2008 and will be made available via video webcast. Replay will be made available immediately after the ending of the press conference.

Biographies

Some 2007 highlights

Philips delivers on its targets

Philips delivers on its targets

At Royal Philips Electronics' Annual Results 2007 press conference Gerard Kleisterlee (president and CEO) and Pierre-Jean Sivignon (CFO) presented the KittenScanner, an educational tool to explain in a playful way how a medical scanner works. Philips reported its financial results for a solid fourth quarter with 8% comparable sales growth and EBITA of 865 million. This brought the full-year numbers to 5% for growth and 7.7% for EBITA, meeting, respectively exceeding, the company's targets for the year.

Respironics

Respironics

In Home Healthcare Solutions, part of the newly created Healthcare sector as per January 1, 2008, Philips announced an agreement to make a public offer for Respironics Inc of the US. This transaction will firmly place Philips as a global leader in the fast-growing home healthcare market by adding new product categories in obstructive sleep apnea and home respiratory care to its existing businesses in this field.

Emergin and VISICU

Emergin and VISICU

Philips announced the acquisitions of US-based Emergin, Inc., the leading US provider of software utilized to rapidly transmit medical alarm signals throughout hospitals, clinical IT and service provider VISICU Inc, and Raytel Cardiac Services, active in the field of cardiac monitoring.

Genlyte

Genlyte

Philips announced an agreement to acquire Genlyte, the number two luminaires company of the US. This transaction will make Philips the number one lighting company in North America and the number one luminaires company globally.

Heart scan in 2 beats

Heart scan in 2 beats

Philips introduced the 256-slice Brilliance iCT scanner that has reduced radiation doses for patients of up to 80% and at the same time allowing radiologists to produce high-quality images with exceptional acquisition speed, including complete coverage of the heart in just two heart beats. 

Aurea

Aurea

At IFA 2007, Berlin, Philips unveiled Aurea; the latest TV with Philips’ succesful Ambilight feature. Aurea creates a halo of dynamic light within the frame and around the TV for an exceptionally immersive viewing experience. Photograph by Vincent Peter.

CES awards

CES awards

The Consumer Electronics Association in North America awarded Philips 18 CES innovation awards which were presented at the 2008 International Consumer Electronics Show (CES) in Las Vegas in January. Online media company CNET honored Philips’ Eco FlatTV with the overall ‘Best in Show’ award in its ‘Best of CES’ awards series.

LivingColors

LivingColors

Our LivingColors lets people create whatever atmosphere they like in their room to suit their mood by choosing from 16 million LED colors.

Water purification

Water purification

Philips established its new water purifier business, having achieved a 30% retail market share in India with its UV water purifier and becoming the Brazilian market leader in the on-tap water purifier category.

arcitec

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Philips’new iconic electric shaver, the arcitec, features three independently flexing heads in a shaving unit that flex, pivot and swivel with a full range of motion. This unique combination ensures they are free to maintain maximum skin contact even in curved areas, tracing the contours of the neck and chin. And with its sleek, elegant, modern design arcitec will also look stylish in any bathroom.

Garment Care

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Philips Garment Care continued to strengthen its global number one market position in steam ironing systems with the launch of a new mid-end steam system iron range.

Design ‘Skin’ Probes

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The Philips Design 'Skin' Probe program, a research initiative aimed at understanding lifestyle post 2020, was awarded the 2007 Red Dot ‘best of the best’ award, reserved for designs considered pioneering in their field and TIME magazine included the Skin Probe in its list of ‘best inventions 2007’.

Backgrounders and other information

More information

For further information, please contact:

Arent Jan Hesselink

Philips Corporate Communications
Tel:  +31 20 59 77415   
Email:  arentjan.hesselink@philips.com

Joon Knapen

Philips Corporate Communications
Tel:  +31 20 59 77477   
Email:  joon.knapen@philips.com

About Royal Philips Electronics

Royal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is a global leader in healthcare, lighting and consumer lifestyle, delivering people-centric, innovative products, services and solutions through the brand promise of “sense and simplicity”. Headquartered in the Netherlands, Philips employs approximately 123,800 employees in more than 60 countries worldwide. With sales of EUR 27 billion in 2007, the company is a market leader in medical diagnostic imaging and patient monitoring systems, energy efficient lighting solutions, as well as lifestyle solutions for personal wellbeing. News from Philips is located at www.philips.com/newscenter.


 


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