Philips examines the future of household appliances Financial

The coffee makers, airfryers, vacuum cleaner and other household products from Philips last year accounted for a turnover of 2.3 billion euros. According to Topman Frans van Houten, the performance of the component has improved considerably in recent years.

“Only toothbrush remains”

According to our reporter Wouter van Bergen: “The Business Leader of the Connected Care division Carla Krewit has not survived the problems at its division, where margins collapsed this year as a result of the trade war. She is replaced by Roy Jakobs, who led the personal health division, which is already becoming a lot smaller with the disposal of household appliances. Air Fryers do not seem to go hand in hand with health, but the consequence is that in the near future the only real Philips product that can still be found in many households will be the electric toothbrush. For the rest you will have to go to the hospital or it will be made by other companies that may use the brand name. ” @woutervanbergen

The company strives for a seamless transition from the division of household appliances, with an eye for customer interests and continuity for employees.