Its seems the worst slump in recent business history is behind us now, and the we begin to see the start of a new upturn in the business cycle, … We are encouraged by the...

Bureaucracy and regulation is something we need to fight in Europe.

Focus on costs and asset management clearly remains the best course, given the fragile market conditions,

That decline is considerably less than we’ve seen in other years.

Underlying performance in our businesses has improved as a result of cost controls and better operating efficiencies, which is fundamental as we do not see much of an economic improvement in the near future,

We’re pleased that we are keeping our momentum, with strong growth and solid performance across all our main divisions. A strong customer focus, together with innovative products, helped expand our already strong position within healthcare,...

While we remain focused on expanding the company through value-creating acquisitions in our medical systems, domestic appliances and personal care and in our lighting businesses, we’ll continue managing our capital efficiently to create optimum value...

The decline of the semiconductor market has bottomed out,

There is a lack of value creation, particularly around consumer electronics,

While we are pleased with the progress of the Business Renewal Program, we see opportunities to further strengthen the activities and maximize shareholder value, with the step we announced today, in an industry where scale...

Consumer confidence in all major markets has been slipping this year, a trend that has accelerated after the tragic events of September 11.

The acquisition of Lifeline is an important step on our roadmap for growth in healthcare.

By reducing the cost base drastically we will be able to realize market presence with greatly reduced exposure,

The electronics parts of our company continue to suffer heavily from continued poor market conditions in the telecom and PC-related businesses,

We see now for several weeks already a consensus around a decline of semiconductor market year-on-year of 26 percent,

Semiconductors are fed by PCs and telecom. In PCs we have seen a wave. Somewhere around June people were optimistic PCs would rebound. And we saw in June orders picking up. In July, they fell...

After a slower first half year, we are pleased to see growth across Philips has picked up in the third quarter as we improved our profitability,

The economic slowdown that started in the USA last year has spread to other parts of the world now,

Thanks to solid underlying performance during the quarter, we are on track with our financial targets and delivering on our commitments.

It’s a good step in that direction.