The factors in favour of a rise in the Philips share price:
First of all, and as far as the strengths of the Philips group are concerned, we can of course talk about its strategic international positioning. Indeed, Philips offers and markets its products in more than a hundred countries around the world. It also has a large workforce of more than 120,000 employees worldwide.
Still with regard to the assets of the Philips group, we can also talk about its important production strength. The company currently owns and operates more than 110 production sites around the world, enabling it to respond quickly and efficiently to demand and to supply its various customers and points of sale by reducing transport costs.
Another undeniable strong point of the Philips group is its significant capacity for innovation. Indeed, Philips invests heavily in research and development in order to stay one step ahead of its competitors and remain one of the market leaders. In particular, it operates seven research and development centres around the world.
Of course, Philips' leadership is another one of its strengths, especially as it operates in a high-value market. In particular, the group is currently the world market leader in cardiac care, acute care and home care, as well as in energy-efficient lighting solutions, and is showing a stable growth rate in these various segments. The advantage of Philips' presence in the emerging markets can also be highlighted here.
The production strategy implemented by the Philips group is of course also a real advantage for this company. Indeed, this group has decided to align its operations with market conditions in order to increase its productivity. In particular, the company has put in place efforts to multiply its management structure with the aim of accelerating execution and reducing its operating costs at the same time. This, of course, has enabled it to improve its overall efficiency and maximize its margins.
Finally, the last advantage enjoyed by this company concerns its clientele, which is particularly loyal over time, especially with regard to consumer electronics products with a very high brand recall.