July 22, 2019 / 5:19 AM / 5 months ago

Philips Q2 sales growth beats expectations

AMSTERDAM, July 22 (Reuters) - Dutch health technology company Philips on Monday reported a better-than-expected 6% rise in comparable sales for the second quarter, to 4.67 billion euros ($5.24 billion).

Analysts polled by the company had seen adjusted sales growth of 4.5%, compared with a 4% increase in the same period last year. Adjusted earnings before interest, taxes and amortisation (EBITA) increased 14% to 549 million euros, meeting expectations.

$1 = 0.8917 euros Reporting by Bart Meijer; editing by Uttaresh.V

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below