Oh yes RA, Philips as I remember in 1980 when I first got married my new wife's father worked for Philips here in Australia.
I received a Philips shaver as a gift.
If you have access to " Simply Wall Street" a great worldwide trading platform information site.......take a look at Philips on the NYSE: PHG
Some great company info atm........main one being they are trading 47% below company value atm at US$19.46 per share ( fair value is $33.69)
with a market cap of $17.9 billion.
Their investment in hospital medical devices is about 20% of their companies interests.
With expected growth and profit forecast for the next three years.
Debt is pretty high atm about $7 billion , though they should get that down given the expected growth estimates.
Anyhow, a very interesting read though.
Highly recommend " Simply Wall Street as an adjunct information source on public company structures, finances, forecasts and other great details.
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