Company Profile

Company Profile

Company	Royal Philips
History	Date: Established in 1891in Eindhoven Founders: Gerard Philips and Frederik Philips
Location	HQ in Amsterdam, the Netherlands
Industry	Engineering and electronics
Products	Electronics, lightning, domestic appliances, personal care and medical equipment
Main divisions	Philips Consumer Lifestyle, Philips Healthcare and Philips Lighting.
Main customers	Operates in more than 60 countries across the world
Key people	Jeroen van der Veer (Chairman) Frans van Houten (CEO)
Staff (no. of employees)	Approx. 122, 000 employees
Figures (basic data)	Revenue -? 22. 6 billion in 2011 and 24. 78 billion in 2012 Operating income - 1. 030 billion (2012) Profit - 226 million (2012) Total assets - 29. 07 billion (2012) Total equity - 11. 14 billion (2012)
Main strengths	Innovation and diversification Integrates technologies and design into people-centric solutions, based on fundamental customer insights in the area of health and well-being
Current projects	Philips is focusing on marketing its range of LED lights, and is working towards driving adoption of LED lamps across both industrial and residential segments