Latest news with #Philips'
Mint
20 hours ago
- Business
- Mint
Philips Soars After Lifting Margin Outlook on Softer Tariff Hit
(Bloomberg) -- Royal Philips NV increased its profitability outlook as the impact of the trade war was not as severe as it feared. The Dutch medical-technology firm now expects full-year adjusted operating earnings margin of as much as 11.8%, a 50 basis points increase from its previous outlook, according to a statement Tuesday. Shares in Philips rose 14% in early trading in Amsterdam, the biggest intraday advance in a year. 'It's a combination of the strong performance plus tariffs that led to a change in guidance,' Chief Executive Officer Roy Jakobs said in an interview. The MRI and ultrasound machine maker's second-quarter sales increased 0.6% to €4.3 billion ($4.98 billion), compared with estimates for a 0.5% contraction in a Bloomberg survey. 'Overall, we see this as a positive release for Philips with improving underlying performance at the company testament to some of the turnaround actions taken,' Barclays analyst Hassan Al-Wakeel said in a note. In May, the Amsterdam-listed company lowered its profitability outlook for the year by 100 basis points, blaming the cost of dealing with tariffs and estimating a hit of as much as €300 million. It now sees an impact of as much as €200 million. On Sunday, the European Union reached a deal with the US with Brussels accepting a 15% tariff on most of its exports, dodging an imminent trade war. More than 40% of Philips' sales are in the US with a third of production inside the country. Philips is asking for tariff exemptions for the healthcare sector. 'The US is a very important market for us,' Jakobs said in an interview with Bloomberg TV, adding that the company is expanding its presence and investment there. Philips's stock was down 19% in the year before Tuesday as the company suffered a string of setbacks. A settlement last year over a 2021 recall of faulty sleep apnea devices made way for sluggish growth in China and an expected hit from the trade war. Since taking the helm at Philips in October 2022, Jakobs has cut jobs, revamped leadership and simplified operations. He is emphasizing patient safety and developing new products, with the company spending more than 9% of sales on innovation last year. Still, headwinds such as weak consumer sentiment in China and the implementation of anti-graft measures for its health care sector have dampened demand. Sales in China declined again in the second quarter, but were offset by growth in India and Latin America. Philips' comparable orders increased 6% in the second quarter, up from 2% in the previous three months. The company said Tuesday it signed an agreement with Indonesia for its Azurion image-guided therapy system. The multi-year deal is worth hundreds of millions of euros, according to a person familiar, who asked not to be identified discussing private information. The company also increased its free cash flow outlook to between €200 million and €400 million, from 'slightly positive' before. --With assistance from Lisa Pham, Sarah Jacob, Anna Edwards, Kriti Gupta and Guy Johnson. (Updates with share move in second paragraph.) More stories like this are available on
Daily Mirror
5 days ago
- General
- Daily Mirror
Stop eating gherkins raw and try this quick easy air fryer recipe instead
Brits love a Gherkin on the side dish, and many even enjoy them raw. If you want to try something news, why not transform your gherkins into a crispy air-fried snack Air fryers are renowned for transforming virtually any ingredient into a crispy treat, requiring hardly any cooking oil. Countless people have perfected the technique of preparing crunchy chips, French fries, wedges, and roast potatoes in this convenient countertop device, but gherkins remain an underutilised ingredient. Philips' resident air fryer chef, Martin Senders, has revealed his mouth-watering recipe for crispy fried gherkins. Martin explained: "Pickles, especially the fermented kind, are packed with gut-friendly probiotics. They're also low in calories and full of electrolytes, making them a great healthy alternative to crisps or fries." The chef said: "The air fryer is ideal for quick, crispy snacks like pickles. Simply slice or use pre-sliced pickles, and pat them dry to remove excess moisture - that's the key to getting them crisp". Converting the simple gherkin into a scrumptious snack is pretty straightforward. These pickled delicacies are best prepared at 200C. According to Martin, they require just eight to 11 minutes in the air fryer, so your snack will be ready in moments, reports the Express. Ingredients 300g of pickles Two tbsp of all-purpose flour Two pinches of cayenne pepper Two eggs 100g of breadcrumbs One tsp of oil Method Slice the pickles diagonally into pieces roughly 0.7cm thick and pat them dry with kitchen towel paper before finding a bowl to combine the flour and cayenne pepper. In a second bowl, beat the eggs and place the breadcrumbs in the third. Dust the pickles with the all-purpose flour, then soak them in the beat eggs. Finally coat them with breadcrumbs and brush or spray them with oil. Evenly distribute the pickles on the tray. If they don't all fit in one layer, feel free to cook them in batches. Set your air fryer to 200C and fry for 11 minutes. Once done, take them out of the fryer and serve with your favourite dipping sauce for the perfect crunchy snack. For a variety of flavours, try out a different type of gherkin. Gherkins can be sweet (with a pickling brine that has sugar within it) or tart (similar to cornichons, which are French versions of the pickle made from gherkins). To learn how pickle your own for the Nara Smith experience, visit the Two Thirsty Gardeners website to follow their "Five steps to pickling paradise" recipe that only needs five extra ingredients.
Toronto Star
6 days ago
- Business
- Toronto Star
Philips announces collaboration with Epic to enhance ambulatory cardiac monitoring
July 24, 2025 Philips will now offer the largest cardiac care portfolio through Epic's Aura platform CAMBRIDGE, Mass. – Royal Philips (NYSE: PHG, AEX: PHIA) a global leader in health technology, today announced a collaboration with Epic to integrate Philips' suite of cardiac ambulatory monitoring and diagnostics services with Aura, the specialty diagnostics suite of the leading electronic health record (EHR) company. This collaboration will offer the broadest cardiac care portfolio of any single service provider integrating with Aura to date. Philips will deliver a new level of interoperability between its ambulatory monitoring technologies and Epic—helping providers enhance the diagnostic process and improve patient outcomes. With Philips' technology available through Aura, health system IT teams could significantly reduce the time it takes to connect with Philips [1] and give interested provider organizations the ability to order and review patients' ECG results directly in Epic. This cuts out the need for manual order and data entry, which enhances workflows for providers and streamlines data-driven care decisions. ARTICLE CONTINUES BELOW 'With this collaboration, we are advancing cardiac care in a way that simultaneously improves the clinician and patient experience,' said Stefano Folli, Business Leader, Ambulatory Monitoring & Diagnostics, Philips. 'Together, Philips and Epic can help enable workflow efficiencies that lighten cardiac care teams' load, so they can spend more time focusing on what matters most – providing direct patient care.' The Philips-Epic collaboration can also streamline cumbersome administrative tasks by automating patient activation, staff notifications, and charting – giving valuable time back to cardiology teams to spend with patients. 'When a physician prescribes a cardiac monitor, it allows patients to be evaluated for heart conditions as they go about their daily lives, even before they see a cardiologist,' said Leah Johnson, vice president of cardiology and imaging diagnostics, Epic. 'Through this collaboration, we're streamlining the clinical experience for both patients and physicians, reducing administrative overhead and ensuring that detailed diagnostic reports are readily available in the patient's comprehensive health record.' The Philips ambulatory monitoring portfolio features flexible remote monitoring and enterprise ECG management solutions designed to advance a new standard of cardiac care. By arming healthcare organizations with data and actionable insights that can transform workflows to diagnose and manage patient populations proactively, Philips' products and services help enable care delivery in the right setting, at the right time. [1] See, for example, American Society of Clinical Oncology. (2024). [Abstract 416274]. ASCO regarding Aura time savings on connections to external pathology laboratories. For further information, please contact: Allison Johnson Director, Monitoring Communications Tel: +1 617-631-7305 E-mail: About Royal Philips Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people's health and well-being through meaningful innovation. Philips' patient- and people-centric innovation leverages advanced technology and deep clinical and consumer insights to deliver personal health solutions for consumers and professional health solutions for healthcare providers and their patients in the hospital and the home. ARTICLE CONTINUES BELOW ARTICLE CONTINUES BELOW Headquartered in the Netherlands, the company is a leader in diagnostic imaging, ultrasound, image-guided therapy, monitoring and enterprise informatics, as well as in personal health. Philips generated 2024 sales of EUR 18 billion and employs approximately 67,200 employees with sales and services in more than 100 countries. News about Philips can be found at Attachment Philips and Epic Aura Integration
Hamilton Spectator
6 days ago
- Business
- Hamilton Spectator
Philips announces collaboration with Epic to enhance ambulatory cardiac monitoring
July 24, 2025 Philips will now offer the largest cardiac care portfolio through Epic's Aura platform CAMBRIDGE, Mass. – Royal Philips (NYSE: PHG, AEX: PHIA) a global leader in health technology, today announced a collaboration with Epic to integrate Philips' suite of cardiac ambulatory monitoring and diagnostics services with Aura, the specialty diagnostics suite of the leading electronic health record (EHR) company. This collaboration will offer the broadest cardiac care portfolio of any single service provider integrating with Aura to date. Philips will deliver a new level of interoperability between its ambulatory monitoring technologies and Epic—helping providers enhance the diagnostic process and improve patient outcomes. With Philips' technology available through Aura, health system IT teams could significantly reduce the time it takes to connect with Philips [1] and give interested provider organizations the ability to order and review patients' ECG results directly in Epic. This cuts out the need for manual order and data entry, which enhances workflows for providers and streamlines data-driven care decisions. 'With this collaboration, we are advancing cardiac care in a way that simultaneously improves the clinician and patient experience,' said Stefano Folli, Business Leader, Ambulatory Monitoring & Diagnostics, Philips. 'Together, Philips and Epic can help enable workflow efficiencies that lighten cardiac care teams' load, so they can spend more time focusing on what matters most – providing direct patient care.' The Philips-Epic collaboration can also streamline cumbersome administrative tasks by automating patient activation, staff notifications, and charting – giving valuable time back to cardiology teams to spend with patients. 'When a physician prescribes a cardiac monitor, it allows patients to be evaluated for heart conditions as they go about their daily lives, even before they see a cardiologist,' said Leah Johnson, vice president of cardiology and imaging diagnostics, Epic. 'Through this collaboration, we're streamlining the clinical experience for both patients and physicians, reducing administrative overhead and ensuring that detailed diagnostic reports are readily available in the patient's comprehensive health record.' The Philips ambulatory monitoring portfolio features flexible remote monitoring and enterprise ECG management solutions designed to advance a new standard of cardiac care. By arming healthcare organizations with data and actionable insights that can transform workflows to diagnose and manage patient populations proactively, Philips' products and services help enable care delivery in the right setting, at the right time. [1] See, for example, American Society of Clinical Oncology. (2024). [Abstract 416274]. ASCO regarding Aura time savings on connections to external pathology laboratories. For further information, please contact: Allison Johnson Director, Monitoring Communications Tel: +1 617-631-7305 E-mail: About Royal Philips Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people's health and well-being through meaningful innovation. Philips' patient- and people-centric innovation leverages advanced technology and deep clinical and consumer insights to deliver personal health solutions for consumers and professional health solutions for healthcare providers and their patients in the hospital and the home. Headquartered in the Netherlands, the company is a leader in diagnostic imaging, ultrasound, image-guided therapy, monitoring and enterprise informatics, as well as in personal health. Philips generated 2024 sales of EUR 18 billion and employs approximately 67,200 employees with sales and services in more than 100 countries. News about Philips can be found at . Attachment
Irish Examiner
6 days ago
- Entertainment
- Irish Examiner
Transform your TV setup: WiZ HDMI Sync Box and gradient lights review
The WiZ HDMI Sync Box and Gradient Light Bars offer a more affordable alternative to something like Philips' Hue HDMI Sync Box, allowing you to turn your living room into an immersive light show. Design and setup If you're not interested in a complicated setup, you're in luck because there's no need to awkwardly mount a camera on top of your TV or go through any complex calibration steps. Simply plug the Sync Box into your streaming box, console, or set-top box, and attach the included RGBIC LED light strip to the back of your TV. I used the model designed for 55- to 65-inch TVs (€89.99), although a version is also available for larger 75- to 85-inch screens (€109.99). The HDMI Sync Box supports HDMI 2.0 and handles video resolutions up to 4K at 60Hz, with support for HDR10+ and Dolby Vision. While HDMI 2.1 and support for 4K at 120Hz would have been a welcome bonus, it's entirely forgivable at this price point. Everything links via the WiZ app over Wi-Fi, and you can also use Google Assistant, Alexa, or the optional WiZ remote control for hands-free operation. Light performance Once set up, the system impresses with how quickly and accurately the lighting reacts to on-screen content. Colours from your favourite films, games, or shows extend beyond the TV and spill onto your walls, creating a more immersive experience. Explosions glow brighter, sunsets feel warmer, and fantasy worlds look more alive. The included LED strip wraps around three sides of your TV and produces seamless colour transitions. Depending on your mood or content, you can switch between different sync styles. Cinematic mode delivers smooth, gradual lighting transitions that are ideal for films and TV shows. If you want something more punchy, Vibrant mode offers intense colour saturation that really pops. Relaxation mode brings softer hues to the room for ambient watching, while Rhythmic mode synchronises the lights with audio for music sessions. There's also a built-in microphone on the Sync Box itself, allowing it to adapt to both sound and visuals. Streaming your favourite playlist or hosting a get-together? The lighting shifts dynamically in sync with the beat, requiring no additional input. Optional add-ons To fully immerse yourself, the WiZ Gradient Light Bars (€59.99) and Gradient Floor Light are well worth considering. I tested Light Bars, and they dramatically extend the ambience beyond just the TV wall. The Gradient Light Bars feature a multicolour segment design that displays multiple hues simultaneously. Each bar can be controlled independently, and mounting them is straightforward. You can place them vertically beside your screen, or horizontally on desks and counters for even more atmospheric wash lighting. Both lights are also Matter-compatible, allowing you to control them using Alexa, Google Home, or Apple HomeKit, thereby adding even more smart home versatility. Smart control and sync features The experience is highly customisable through the WiZ app. You can adjust brightness, colour saturation, intensity, and transition speed. There's even an auto-switching feature so the lights start syncing the moment your HDMI source is powered on. What's more impressive is that you can link up to 32 WiZ colour-capable lights, as long as they're on the same Wi-Fi network. This opens up the possibility of a full-room immersive lighting setup for serious home cinema fans or RGB enthusiasts. While the light syncing effect can be immersive during dynamic content, it's not always desirable. For more everyday viewing, I preferred setting a static colour — a simple adjustment via the app. Verdict The WiZ HDMI Sync Box and Gradient Lights deliver a seamless, screen-enhancing experience that's immersive, affordable, and surprisingly easy to set up. If you're craving next-level ambience for movies, games or music, this one's a no-brainer.
