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PHG Lyxor Index Fund-Lyxor Stoxx Europe 600 Pers& Hou Good UCITS ETF

0.00
0.00 (0.00%)
Last Updated: -
Delayed by 15 minutes
Name Symbol Market Type
Lyxor Index Fund-Lyxor Stoxx Europe 600 Pers& Hou Good UCITS ETF BIT:PHG Italy Exchange Traded Fund
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 0 -

Philips To Book 4Q EUR232 Million Impairment For Lights Business

19/01/2009 8:10am

Dow Jones News


Lyxor Index Fund-Lyxor S... (BIT:PHG)
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Royal Philips Electronics (PHG) said Monday in a press statement that, as initially indicated during the investor and analyst day on December 4, 2008, Philips will impair the book value of its Lumileds business by EUR232 million.

This value adjustment, a consequence of reduced short-term market demand and uncertain outlook caused by the current macro economic downturn, will be booked in the results for the fourth quarter of 2008, which will be published on January 26, 2009.

Company Web site: www.philips.com

 
 

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