...The affirmed rating on Royal Philips reflects Fitch Ratings' expectation that Philips will start recovering from coronavirus-related effects in 2021 and return to leverage metrics that are in line with the rating in the medium term. Fitch expects the pandemic to have a material impact on the group's personal health segment, although this will to some extent be offset by increasing demand in professional healthcare, limiting overall negative pressure on profitability and cash-flow generation....