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    PHIA   NL0000009538

PHILIPS NV

(PHIA)
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New Philips Norelco Shaver Series 9000 Now Features Artificial Intelligence for A Smarter Shaving Experience

11/16/2021 | 09:00am EST

Introducing the Philips Norelco Shaver Series 9000, the latest innovation from the world's #1 electric shave and groom brand that features a revolutionary pairing of AI and the connected Philips GroomTribe app to deliver the ultimate smart shaving experience. Philips Norelco Shaver Series 9000 delivers superior closeness and personalized skin comfort even on five-day beards. For incredible skin comfort, Philips Norelco Shaver Series 9000 has a Pressure Guard sensor, which links with an intelligent light ring that illuminates in different colors to indicate whether and when the right amount of pressure is applied. Motion Control sensors in Philips Norelco Shaver Series 9000 track and guide shaving motions for a more efficient shaving technique. When used with the Philips GroomTribe app, the shaver provides real-time feedback to users on their shaving patterns including pressure, speed and motion, as well as personalized shaving plans and tips. For improved shaving performance, the Power Adapt sensor reads hair density 500 times per second and auto-adapts cutting power for an effortless shave. From software to hardware, Philips Norelco Shaver Series 9000 has features that help deliver a more comfortable shave every time, even on a day five beard: Providing superior closeness, Dual SteelPrecision self-sharpening blades perform up to 150,000 cutting actions per minute, requiring fewer strokes and resulting in less skin irritation. 360-degree, fully flexible heads follow facial contours without tearing skin and the Protective SkinGlide coating reduces friction on skin by 25%. Ensuring a close shave that also helps keep skin smooth, hair-guide precision heads are shaped to get as close to the skin as possible; the surfaces are enhanced with hair guiding channels designed to move hair into an effective cutting position. Featuring both wet & dry capabilities, Philips Norelco Shaver Series 9000 is available with the new Quick Clean Pod cleaning station, which thoroughly cleans and lubricates shaver in just one minute, keeping it performing at its best for longer. The pod is 10x more effective than cleaning with water. Philips Norelco Shaver Series 9000 is available at Philips.com and retailers nationwide beginning October 2021, starting at $219.99. The Philips GroomTribe app is available on the Apple App and Google Play stores.


© S&P Capital IQ 2021
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Financials
Sales 2021 17 287 M 19 278 M 19 278 M
Net income 2021 3 406 M 3 798 M 3 798 M
Net Debt 2021 4 321 M 4 818 M 4 818 M
P/E ratio 2021 7,40x
Yield 2021 3,03%
Capitalization 25 224 M 28 130 M 28 130 M
EV / Sales 2021 1,71x
EV / Sales 2022 1,64x
Nbr of Employees 78 189
Free-Float 98,2%
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Mean consensus OUTPERFORM
Number of Analysts 20
Last Close Price 29,01 €
Average target price 38,16 €
Spread / Average Target 31,5%
EPS Revisions
Managers and Directors
Frans van Houten Chief Executive Officer
Abhijit Bhattacharya Chief Financial Officer & Executive Vice President
Feike Sijbesma Chairman-Supervisory Board
Jan Kimpen Chief Medical Officer
Sophie Bechu Chief Operating Officer & Executive Vice President
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