Aishar Noor
Analyst, Morgan Stanley
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Koninklijke Philips N.V. NY Registry Shares (PHG) Q1 2026 Earnings Call
Koninklijke Philips N.V. NY Registry Shares (NYSE: PHG) Q1 2026 earnings conference call, held 2026-05-06. Replay captured from the company's public earnings webcast.
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WEBVTT 00:00:00.031 -- 00:00:04.658 laying a platform play there that actually really resonates well with our customers. 00:00:04.658 -- 00:00:08.944 And as part of that, actually, we have strong partnerships. 00:00:08.944 -- 00:00:12.970 Massimo is part of that. We don't think that actually there will be any change. 00:00:12.970 -- 00:00:16.596 That's also not what kind of has been signaled 00:00:16.596 -- 00:00:21.623 because we have the biggest access to customers globally in terms of monitoring 00:00:21.623 -- 00:00:24.708 base. So there's a real intrinsic interest 00:00:24.708 -- 00:00:27.622 to actually connect with us to the customer. 00:00:27.622 -- 00:00:32.890 And there's also mutually an interest from us to actually being providing in a vendor 00:00:32.890 -- 00:00:36.235 neutral way, consumable solutions that are out there in the market. 00:00:36.235 -- 00:00:39.921 And that has been benefiting the partnership with Massimo in past years. 00:00:39.921 -- 00:00:42.364 And we believe that will be also going forward. 00:00:42.364 -- 00:00:47.612 So we see it as at least net neutral. And I think we are excited to work also 00:00:47.612 -- 00:00:53.281 with any new owner there to kind of grow the franchise and make it work 00:00:53.281 -- 00:00:55.281 for 00:00:55.284 -- 00:00:59.685 our customers and to differentiate also first competition, because this is one of the 00:00:59.685 -- 00:01:05.551 strongholds, the combination that we have very strong cybersecurity platform with the 00:01:05.551 -- 00:01:11.537 broadest data reach with the medical device integration and the consumables 00:01:11.537 -- 00:01:15.521 actually makes it very appealing in a very complex environment for our customers to do 00:01:15.521 -- 00:01:19.304 business with us. And that has been...