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Philips sinks teeth into profits

  THE HAGUE -- Dutch electronics giant Philips said Monday its net profit climbed by over 30 percent in the first quarter, thanks in part to a surge in sales of oral healthcare products including electric toothbrushes. Profits jumped to 162 million euros ($180 million) from 124 million euros in the same quarter last year as operational performance improved and expenses declined, while overall sales ticked higher to 4.2 billion euros. https://twitter.com/PhilipsPakHPlus/status/989781409974964225 "We had a reasonable start to the year, as we delivered 2.0 percent comparable growth sales and order intake growth, further building on strong growth on 2018," chief executive Fr...

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from INQUIRER.net http://bit.ly/2UMktsH

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