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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