Open Enrollment | Subscribe to Dealerscope HERE
Follow us on

Philips 4Q Operational Results Improved 50%

January 31, 2013
Royal Philips Electronics reported that operational results improved by 50%, to EUR 875 million in the fourth quarter of 2012, even as net income was driven down by charges in the quarter. Comparable sales were up 3% in the quarter, and up 10% in growth geographies.

Consumer Lifestyle comparable sales were up 2%, with double-digit growth in the combined growth businesses - that is, Personal Care, Health & Wellness, and Domestic Appliances. Increases were partly offset by a sales decline in Lifestyle Entertainment.


Companies Mentioned:

More Suggested Content:

Walmart Logo
Walmart Profits Up, Sales Down
November 16, 2010 From News
Walmart announced Tuesday that it has posted a 9 percent increase in net income in the most recent quarter. However, most of the company's strength came from foreign performance, as the retail giant posted a 1.3 percent decrease in U.S. comparable-store sales.


Click here to leave a comment...
Comment *
Most Recent Comments: