Royal Philips’ Frans van Houten had to display his pragmatic best when the company announced 2021 sales and earnings that were nothing like those anticipated a year ago.
CEO: Triple Headwind Cannot Blow Philips Off Strategic Course
Customers are looking beyond sleep recall issue
Frans van Houten has promised a summer update on Royal Philips’ medium-term outlook after the company was hit from all sides in late 2021. He expects the resulting headwinds to persist into early 2022.
