Market Overview

Philips Posts Rise In Q1 Profit

Royal Philips Electronics reported a rise in its first-quarter net profit.

Philips' quarterly net profit surged to EUR248 million, versus EUR137 million, in the year-ago period. Its sales climbed 7% to EUR5.6 billion, versus analysts' estimates of EUR5.42 billion.

Posted-In: profitEarnings News

 

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