Philips CEO updates market on implementation of strategy to become the leading company in health and well-being
June 10, 2010
Surrey, United Kingdom – 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
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.
For more information, please contact:
Philips Corporate Communications
Tel: +31 20 59 77477
About Royal Philips Electronics
Royal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is a diversified Health and Well-being
company, focused on improving people’s lives through timely innovations. As a world leader in healthcare, lifestyle
and lighting, Philips integrates technologies and design into people-centric solutions, based on fundamental customer
insights and the brand promise of “sense and simplicity”. Headquartered in the Netherlands, Philips employs
approximately 116,000 employees in more than 60 countries worldwide. With sales of EUR 23 billion in 2009, the
company is a market leader in cardiac care, acute care and home healthcare, energy efficient lighting solutions and
new lighting applications, a