20 Quotes by Gerard Kleisterlee

Semiconductors are fed by PCs and telecom. In PCs we have seen a wave. Somewhere around June people were optimistic PCs would rebound. And we saw in June orders picking up. In July, they fell back because PCs are not picking up. They are staying flat,

Bureaucracy and regulation is something we need to fight in Europe.

There is a lack of value creation, particularly around consumer electronics,

We're pleased that we are keeping our momentum, with strong growth and solid performance across all our main divisions. A strong customer focus, together with innovative products, helped expand our already strong position within healthcare, lifestyle and technology.

Underlying performance in our businesses has improved as a result of cost controls and better operating efficiencies, which is fundamental as we do not see much of an economic improvement in the near future,

That decline is considerably less than we've seen in other years.

The acquisition of Lifeline is an important step on our roadmap for growth in healthcare. By targeting seniors and other people who want to continue living independently and exerting more control over their health and lifestyle, we aim to become a global player in the evolving home healthcare market.

While we remain focused on expanding the company through value-creating acquisitions in our medical systems, domestic appliances and personal care and in our lighting businesses, we'll continue managing our capital efficiently to create optimum value for our shareholders,

The decline of the semiconductor market has bottomed out,