Turnover: 17.8 billion EUR (2022)
Country: Netherlands
- Philips is a world leader in medical devices and is gradually phasing out its other activities.
- Philips' growth is now driven by advanced medical equipment (acquisition of Spectranectics in June 2017and the acquisition of EPD Solutions in June 2018)
- Approximately 71,000 employees
News
The Agnelli family invests in Philips Santé 07/09/2023
- The investment holding company Exor, owned by the Agnelli family, has assets of 33 billion euros.
- Exor acquired 15% of the Philips conglomerate for 2.6 billion euros.
- Philips became the Agnelli family's fourth largest holding, behind Ferrari, Stellantis and CNH Industrials.
- Healthcare accounts for more than half of Philips' sales, totalling 17.8 billion euros last year.
- Philips had to recall 5.3 million of its respiratory devices worldwide
- Exor has recouped 9.3 billion euros from the sale of US reinsurer PartnerRe to Covéa in 2021.
- Exor had taken a 45% stake in Italy's Lifenet Healthcare in spring 2022.
- In July 2022, Exor also acquired 10% of Institut Mérieux for 833 million euros.
- Exor also holds a 24% stake in French shoe manufacturer Christian Louboutin.
Financial Data
DUNS: 811847243
Legal Name: PHILIPS FRANCE COMMERCIAL
Address: 33 RUE DE VERDUN , 92150 SURESNES
Number of employees: Entre 500 et 999 salariés (2018)
Capital: 3 100 000
Financial Data:
| Year | Turnover (€) | Net Profit (€) | Fiscal Year End | Fiscal Year Duration |
|---|---|---|---|---|
| 2019 | 589 968 419 EUR | 4 543 009 EUR | 31/12/2019 | 12 |
| 2018 | 602 799 226 EUR | 6 166 182 EUR | 31/12/2018 | 12 |
| 2017 | 629 387 819 EUR | 4 603 837 EUR | 31/12/2017 | 12 |
| 2016 | 583 238 343 EUR | 113 755 EUR | 31/12/2016 | 12 |
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