Now Reading:

Profit figures give filip to Philips


Profit figures give filip to Philips


Dutch electronics group Philips has delighted its shareholders with a third consecutive quarterly profit to beat market expectations. Lower fixed costs and a boost in its healthcare unit pushed profit to 251 million euros in the fourth quarter, slightly more than forecast. One factor is seen as the announcement last year by Philips of 6,000 job cuts.

Every story can be told in many ways: see the perspectives from Euronews journalists in our other language teams.

Next Article