with The ongoing trade war between China and the united states is also the zorgtechnologieconcern Philips felt. The higher rates among the major economic powers to ensure a reduction of the rate of profit in the Same Care unit. In addition, does the Philips have a write-down of 78 million euros. According to the company, that is a throwback to an earlier acquisition.
a financial update for the third quarter, pointing to Philips, in the lower level of production in the factories and in bringing the inventories to be reduced. Efforts to reduce the adverse impact, mitigate, and got, according to the company, not according to plan. Chief executive Frans van Houten called the decline in margins from the respective division to fall short of expectations. The performance of the Diagnosis & Treatment, Personal Health, he was called up to speak.
the Same Care, the division which provides solutions for the effective delivery of information between the physician and the patient. In the fall, the profit margin is expected to be 4.5 points lower. That is, according to the company, partly as a result of the higher prices. Furthermore, it charges the Philips is a reduction of license revenue in the segment and Other of eur 20 million.
Philips is going to be for the third quarter, with a total turnover of 4,7 billion euro. Thus, the company’s comparable store sales growth of 6% was obtained. The company achieved an operating profit is expected to reach 538 million, respectively.
with The growth in the number of new orders won in the third quarter to be flat, after an increase of 11 per cent a year earlier. For the next year and expects Philips to be a comparable store sales growth of 4% to 6%. Philips will publish its final quarterly results on October 28th.
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