Royal Philips announced that its fourth-quarter profit was lower than the original estimate, and said it was behind the financial targets to be reached in 2016 due to delays in shipments, exchange shocks and poor market conditions.
Chief Executive Frans van Houten said that both comparable sales growth, pre-tax pre-depreciation and pre-depreciation (EBITA) and return on capital (ROIC) are one percentage point behind the 2016 target. “We take a cautious view of the overall economic outlook of the world and expect some fluctuations in the end market. It is expected that there will be occasional costs due to the restructuring and division of the company next year.â€
For Executive Director Marriott, this year is a crucial year, because Marriott has to prove that it is the right decision to split the lighting business to focus on the healthcare equipment business and establish a cooperation contract with the hospital for 15 years or more. . Philips estimates that hospitals have strong data demand, providing data to help hospitals monitor and analyze patient health, reduce unnecessary visits, and accelerate operational efficiency and medical procedures.
Philips recently said that the fourth quarter was affected by production delays, currency fluctuations and weak demand. The pre-tax pre-tax depreciation and amortization surplus was 734 million euros (about RMB 5.238 billion).
Chief Executive Frans van Houten said that both comparable sales growth, pre-tax pre-depreciation and pre-depreciation (EBITA) and return on capital (ROIC) are one percentage point behind the 2016 target. “We take a cautious view of the overall economic outlook of the world and expect some fluctuations in the end market. It is expected that there will be occasional costs due to the restructuring and division of the company next year.â€
For Executive Director Marriott, this year is a crucial year, because Marriott has to prove that it is the right decision to split the lighting business to focus on the healthcare equipment business and establish a cooperation contract with the hospital for 15 years or more. . Philips estimates that hospitals have strong data demand, providing data to help hospitals monitor and analyze patient health, reduce unnecessary visits, and accelerate operational efficiency and medical procedures.
Philips recently said that the fourth quarter was affected by production delays, currency fluctuations and weak demand. The pre-tax pre-tax depreciation and amortization surplus was 734 million euros (about RMB 5.238 billion).
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