AMSTERDAM (Reuters) – Dutch well being expertise firm Philips (AS:) on Monday reported a better-than-expected 6% rise in comparable gross sales for the second quarter, to 4.67 billion euros ($5.24 billion).
Analysts polled by the corporate had seen adjusted gross sales progress of 4.5%, in contrast with a 4% improve in the identical interval final 12 months. Adjusted earnings earlier than curiosity, taxes and amortization (EBITA) elevated 14% to 549 million euros, assembly expectations.
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