UPDATE 1-Philips Lighting CEO sees H2 better than H1

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Thu Sep 24, 2009 1:23pm EDT

* Sees signs of recovery in Asia, some European countries

* Destocking has 'calmed down'

* Lighting industry is 'mixed bag' at the moment

(Adds Lighting CEO comment, detail, background)

AMSTERDAM, Sept 24 (Reuters) - Dutch group Philips Electronics (PHG.AS) (PHG.N) expects the second half of this year to be better than the first half at its Lighting unit, although a full recovery was still far away, the unit's chief executive told analysts on Thursday.

"The second half will be better than the first half, but that does not mean a full recovery," Rudy Provoost told an analysts' conference in Boston which was broadcasted on the company's website.

"We are now in no-man's land ... it is a mixed bag," he said," adding that he saw signs of recovery in some regions, but not in all countries.

Philips is the world's biggest lighting maker, a top three hospital equipment maker and Europe's biggest consumer electronics producer.

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