Tuesday, January 27, 2015

Philips' net profit slumps in 4th quarter, sales edge lower

AMSTERDAM (AP) — Royal Philips NV, the world's biggest lighting maker, says its net profit slumped in 2014's fourth quarter to 134 million euros ($ 151 million) from 412 million euros a year earlier as sales declined and restructuring costs hit earnings.



Philips' net profit slumps in 4th quarter, sales edge lower



source U.S. News - News http://ift.tt/1tjmeii

No comments:

Post a Comment