Philips reports Q2 profit growth with strong order intake
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)
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