Koninklijke Philips NV (LTS:0LNG)
€ 24.965 0.485 (1.98%) Market Cap: 22.55 Bil Enterprise Value: 28.29 Bil PE Ratio: 0 PB Ratio: 1.87 GF Score: 69/100
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Koninklijke Philips NV Annual Shareholders Meeting Transcript

Apr 30, 2020 / 12:00PM GMT
Release Date Price: €37.18 (+0.24%)
Jeroen van der Veer
Koninklijke Philips N.V. - Independent Chairman of the Supervisory Board

[Interpreted] It is 2:00. I'm opening the meeting. Ladies and gentlemen, I hereby open the General Meeting of Shareholders of Royal Philips N.V. Our annual meeting 2020 is taking place under difficult circumstances. The outbreak of the coronavirus, obviously, has an impact on our company and its operations. Frans van Houten will be telling us more about this in a few moments. But the outbreak obviously also has an impact on the way in which we're holding our meeting today. In order to protect health and safety of all those participating in this meeting today, we decided to only allow our shareholders to take part in the meeting virtually. So we are availing ourselves of the temporary legal measures that took effect last week. We very much regret that this precautionary measure needs to take place. And we're looking forward to welcoming you at our next general meeting as soon as the circumstances so allow.

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