Philips publishes its Annual Report 2023

Rhea-AI Summary

Royal Philips (PHG) releases its Annual Report 2023, to be discussed at the upcoming AGM on May 7, 2024. The report is filed in ESEF format and will soon be filed on Form 20-F with the SEC. Shareholders can access the report online or request a printed copy for free.

February 20, 2024

Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today published its Annual Report 2023.

Philips’ Annual Report 2023 will be on the agenda of the Annual General Meeting of Shareholders (AGM), to be held on May 7, 2024. The convocation notice and the agenda, including explanatory notes, for the AGM will be published in due course.

Philips filed the Annual Report 2023 with the Netherlands Authority for the Financial Markets (AFM) in European Single Electronic Format (ESEF) and expects to file the report on Form 20-F with the U.S. Securities and Exchange Commission later today (www.sec.gov).
 
The Annual Report 2023 (in ESEF and on Form 20-F) is available to shareholders and other interested parties at www.results.philips.com. A printed copy can be obtained free of charge upon written request to the following email address: annual.report@philips.com.

For further information, please contact:

Ben Zwirs
Philips External Relations
Tel.: +31 6 1521 3446
E-mail: ben.zwirs@philips.com

Dorin Danu
Philips Investor Relations
Tel.: +31 20 59 77055
E-mail: dorin.danu@philips.com

About Royal Philips
Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people's health and well-being through meaningful innovation. Philips’ patient- and people-centric innovation leverages advanced technology and deep clinical and consumer insights to deliver personal health solutions for consumers and professional health solutions for healthcare providers and their patients in the hospital and the home.

Headquartered in the Netherlands, the company is a leader in diagnostic imaging, ultrasound, image-guided therapy, monitoring and enterprise informatics, as well as in personal health. Philips generated 2023 sales of EUR 18.2 billion and employs approximately 69,700 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.

FAQ

When is the Annual General Meeting of Shareholders (AGM) for Royal Philips (PHG) scheduled?

The AGM is set to take place on May 7, 2024.

In what format was Philips' Annual Report 2023 filed?

The report was filed in European Single Electronic Format (ESEF).

Where can shareholders and interested parties access Philips' Annual Report 2023?

The report is available online at www.results.philips.com. A printed copy can be requested via email at annual.report@philips.com.

Who can be contacted for further information about the Annual Report 2023?

For more information, contact Ben Zwirs from Philips External Relations at +31 6 1521 3446 or ben.zwirs@philips.com, or Dorin Danu from Philips Investor Relations at +31 20 59 77055 or dorin.danu@philips.com.