Royal Philips Ranked Among Top 10 Largest Public Healthcare Companies in Forbes Annual Global 2000 Listing
May 28 2020 - 9:00AM
Business Wire
Leading healthcare technology company jumps
nearly 50 spots in prestigious listing of publicly traded
companies
Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health
technology, today announced that the company once again has earned
a place on the Forbes “Global 2000: The World’s Largest Public
Companies” list, moving up 46 spots from 2019. In its new 2020
position, the company now also ranks as one of the top ten global
public healthcare companies. The annual list, which has been
released for the past 18 years, features a ranking of the biggest,
most powerful and most valuable companies in the world. Philips
ranked 385 out of the 2,000 publicly traded companies on the full
list.
The Forbes Global 2000 list is a highly regarded authority on
corporate rankings globally. Companies that are featured are chosen
based on four metrics: sales, profit, assets and market value. This
is the first year Philips holds one of the top ten spots in the
healthcare category as it helps its customers address the quadruple
aim of providing better health outcomes, improving patient and
staff experiences and lowering the cost of care.
“Our mission to improve people’s lives by transforming how care
is delivered and improving health care for the communities our
partners serve has never been more important,” said Vitor Rocha,
Chief Market Leader for Philips North America. “This ranking is
validation that our constant drive for innovation and ability to
break down data and give clinicians access to the right information
at the right time is making a difference.”
In addition to its placement on the Global 2000 list, Philips
also earned a spot on Forbes’ list of America’s Best Employers for
Diversity earlier this year. For more information and to view the
full Global 2000 list, please visit
https://www.forbes.com/global2000.
About Royal Philips
Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health
technology company focused on improving people's health and
enabling better outcomes across the health continuum from healthy
living and prevention, to diagnosis, treatment and home care.
Philips leverages advanced technology and deep clinical and
consumer insights to deliver integrated solutions. Headquartered in
the Netherlands, the company is a leader in diagnostic imaging,
image-guided therapy, patient monitoring and health informatics, as
well as in consumer health and home care. Philips generated 2019
sales of EUR 19.5 billion and employs approximately 81,000
employees with sales and services in more than 100 countries. News
about Philips can be found at www.philips.com/newscenter.
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version on businesswire.com: https://www.businesswire.com/news/home/20200528005098/en/
For further information: Silvie Casanova Philips North
America Tel: +1 781-879-0692 E-mail:
silvie.casanova@philips.com
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