Tag: Philips earnings
Philips: Sales were down, orders were up in Q4, 2021
January 24, 2022HME News Staff
AMSTERDAM, the Netherlands – Philips’ comparable sales decreased 32% in the fourth quarter of 2021 for the Connected Care business due, in part, to a double-digit decline in Sleep & Respiratory Care associated with the recall.
For the full year, the Connected Care business recorded a 23% comparable sales decrease.
“Patient well-being is at the heart of everything we do at Philips, and we remain extremely focused on repairing and replacing the devices related to...