Philips Q1 beats, sees weak H1 in US and Europe
AMSTERDAM, April 22
AMSTERDAM, April 22 (Reuters) - Philips, the Dutch healthcare, lighting and consumer appliances group, on Monday reported slightly better-than-expected first-quarter profit and said it still sees a weak first half, especially in the United States and Europe.
Philips reported net profit of 162 million euros ($212 million) on sales of 5.258 billion euros.
Analysts in a poll commissioned by Reuters had forecast a net profit of 153 million euros on sales of 5.407 billion euros.
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