We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for real-time alerts, custom portfolio, and market movers
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Koninklijke Philips NV | EU:PHIA | Euronext | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.29 | -1.14% | 25.25 | 25.00 | 25.30 | 25.71 | 24.96 | 25.30 | 7,636,461 | 16:40:00 |
From May 2019 to May 2024
By Carlo Martuscelli
Koninklijke Philips N.V. (PHIA.AE) said Monday that first-quarter net income from continuing operations decreased 27% after booking restructuring, acquisition and bond-redemption charges and backed its outlook for 2017-20.
The Dutch technology company said that net income from continuing operations for the quarter ended March 31 fell to 94 million euros ($115 million), compared with EUR128 million the previous year, on sales that fell to EUR3.9 billion euros, from EUR5.7 billion. Comparable sales increased by 5%, it said.
The company said that its adjusted Ebita margin improved by 130 basis points to 8.7% of sales, compared with 7.4% of sales in the first quarter of 2017.
Philips said it backed its target for the 2017-20 of 4%-6% comparable sales growth and an average annual 100 basis points improvement in adjusted Ebita margin.
Write to Carlo Martuscelli at carlo.martuscelli@dowjones.com
(END) Dow Jones Newswires
April 23, 2018 01:37 ET (05:37 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
1 Year Koninklijke Philips NV Chart |
1 Month Koninklijke Philips NV Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
