Philips’ Q2 net income up 12.7% y/y to USD304 million

News
Financial results

Sales up 20% y/y

Philips reported a 12.7% year-on-year (y/y) increase in net income to EUR274 million (USD304 million, 30 June 2015) for the second quarter ended 30 June 2015, according to a company press release yesterday (27 July).

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