Koninklijke Philips NV (XAMS:PHIA)
€ 24.81 -0.06 (-0.24%) Market Cap: 23.12 Bil Enterprise Value: 29.57 Bil PE Ratio: 0 PB Ratio: 1.95 GF Score: 70/100

Q3 2020 Koninklijke Philips NV Earnings Call Transcript

Oct 19, 2020 / 08:00AM GMT
Release Date Price: €36.93 (-3.87%)
Operator

Ladies and gentlemen, thank you for standing by. Welcome to the Royal Philips' Third Quarter 2020 Results Conference Call on Monday, the 19th of October 2020. During the call, hosted by Mr. Frans Van Houten, CEO; and Mr. Abhijit Bhattacharya, CFO, (Operator Instructions) Please note that this call will be recorded and a replay will be available on the Investor Relations website of Royal Philips.

I will now hand the conference over to Mr. Leandro Mazzoni, Head of Investor Relations. Please go ahead, sir.

Leandro Mazzoni
Koninklijke Philips N.V. - Head of IR

Good morning, ladies and gentlemen. Welcome to Philips' third quarter results conference call. I'm here with our CEO, Frans Van Houten; and our CFO, Abhijit Bhattacharya. On today's call, Frans will take you through our strategic and financial highlights for the quarter as well as the target for accelerated growth, higher profitability and improved cash flow for the 2021-2025 period. Abhijit will then provide more detail on the Q3 financials. After that, we will take your questions.

Our

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