Price target: €100 / €115
Philips second-quarter earnings beat forecast as pandemic fuels demand
Philips delivers Q2 sales of EUR 4.2 billion, with 9% comparable sales growth; net income amounts to EUR 153 million and Adjusted EBITA margin improves 280 basis points to 12.6%; company announces EUR 1.5 billion share buyback program
globenewswire.com/news-release/2021/07/26/2268282/0/en/Philips-delivers-Q2-sales-of-EUR-4-2-billion-with-9-comparable-sales-growth-net-income-amounts-to-EUR-153-million-and-Adjusted-EBITA-margin-improves-280-basis-points-to-12-6-compan.html
Philips second-quarter earnings beat forecast as pandemic fuels demand
Philips delivers Q2 sales of EUR 4.2 billion, with 9% comparable sales growth; net income amounts to EUR 153 million and Adjusted EBITA margin improves 280 basis points to 12.6%; company announces EUR 1.5 billion share buyback program
globenewswire.com/news-release/2021/07/26/2268282/0/en/Philips-delivers-Q2-sales-of-EUR-4-2-billion-with-9-comparable-sales-growth-net-income-amounts-to-EUR-153-million-and-Adjusted-EBITA-margin-improves-280-basis-points-to-12-6-compan.html
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.