Koninklijke Philips NV operates in the Electromedical equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Koninklijke Philips NV with three other
medical equipment manufacturers in Europe:
Draegerwerk AG & Co KGaA
sales of 3.41 billion Euros [US$4.12 billion]
Smith & Nephew PLC
of UNITED KINGDOM
(£3.53 billion [US$4.92 billion]
of which 42%
was Orthopaedics), and
Siemens Healthineers Ag
based in GERMANY
(14.46 billion Euros [US$17.48 billion]
of which 61%
Koninklijke Philips NV reported sales of 19.54 billion Euro (US$23.62 billion)
December of 2020.
a very small
increase of 0.3%
versus 2019, when the company's sales were 19.48 billion Euro.
This was the third consecutive year of growth at Koninklijke Philips NV.
Sales of Connected Care and Health Informatics saw an increase
that was more than double the company's growth rate: sales were up
19.0% in 2020, from
4.67 billion Euro to 5.56 billion Euro.
Not all segments of Koninklijke Philips NV experienced an increase in sales in 2020:
sales of Healthtech Other fell 17.1% to 389.00 million Euro.
(However, this segment's sales were only a very small portion of the company's overall sales).
Koninklijke Philips NV also experienced decreases in sales in
Diagnosis and Treatment (down 3.7% to 8.18 billion Euro)
Personal Health (down 7.6% to 5.41 billion Euro)