Philips CEO updates market on implementation of strategy to become the leading company in health and well-being
Today, Gerard Kleisterlee, President and Chief Executive Officer of Royal Philips Electronics (NYSE: PHG, AEX: PHI), will give a presentation to investors and financial analysts at the JP Morgan Cazenove Capital Goods CEO Conference in Surrey, United Kingdom.
In his presentation, Mr. Kleisterlee will give an update on the implementation of Philips’ strategy to become the leading company in health and well-being and will discuss the robust longer-term prospects of Philips’ globally leading businesses.
He will also provide an update on how Philips‘ strong fundamentals, sound strategy and ability to adapt swiftly to changing market circumstances have resulted in four consecutive quarters of improved earnings, making the company increasingly confident that it can deliver an adjusted EBITA profitability of 10% as early as 2010.
The presentation starts at 09.15 AM local time (or 10.15 CET). The slides that will be used during this presentation will be made available via this link.