Dutch health technology company Philips
Analysts polled by Reuters had predicted average adjusted earnings before interest, taxes, and amortisation (EBITA) of 438 million euros, with a like-for-like sales growth of 4 percent.
Philips expects further operational improvements and comparable sales growth towards the end of the year, as it saw order intake increase 8 percent in the second quarter.($1 = 0.8569 euros)
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)