Monday, October 19, 2020

Philips Q3 Profit Up, Orders Down; Sees Sales Growth In FY20, Ahead; Stock Up

Shares of Philips Electronics NV were gaining around 2 percent in the morning trade in Amsterdam after the Dutch consumer electronics giant reported Monday higher profit in its third quarter, despite drop in comparable order intake. For the full year 2020, the company continues to expect to deliver modest comparable sales growth, with an adjusted EBITA margin of around the level of last year.

from RTT - Earnings https://ift.tt/37ldDEs
via IFTTT

No comments:

Post a Comment