Koninklijke Philips NV (LTS:0LNG)
€ 25.26 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

Koninklijke Philips NV to Discuss Update on Philips Respironics' PE-PUR Sound Abatement Foam Test and Research Program Call Transcript

Dec 21, 2022 / 08:00AM GMT
Release Date Price: €12.53 (+4.89%)
Unidentified Company Representative

Thank you, and good morning, everyone. Welcome to today's conference call to update you on the Philips Respironics test and research program for the polyester polyurethane sound abatement foam. We appreciate that you could join our call on short notice. I'm here with our CEO, Roy Jakobs; our CFO, Abhijit Bhattacharya; and Steve Klink, who is the spokesperson for the test and research program. The press release, slide deck, infographic and frequently asked questions on the topic were published at 8:00 a.m. CET on our Investor Relations website this morning. The full transcript of this call will be made available on the website as well. Over to you, Roy.

Roy Jakobs
Koninklijke Philips N.V. - CEO & President

Hello, everyone, and thank you for joining us this morning. Today, we are providing an update on the latest testing results regarding the safety of the sleep therapy devices and ventilators affected by the June 2021 field safety notice. Before I discuss the results in more detail, I would like to reiterate how important

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