Koninklijke Philips NV
PHIA: XAMS (NLD)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| F@ | LOCK|%t | LOCK|!Ld |
Philips Earnings: Almost Closing the Chapter on Respironics Recall; Business Results Decent
Philips delivered good order book growth and announced an agreement with the US Department of Justice regarding the Respironics recall. The focus on profitability lifted operating margin. Shares were up modestly on the news.
