2013-07-23

Philips' Second Quarter and Semi-Annual Results 2013

Philips reports second-quarter comparable sales growth of 3% to EUR 5.7 billion; operational results improve by 30% to EUR 530 million Comparable sales in growth geographies up 12%, driven by China EBITA was EUR 603 million, or 10.7% of sales, and included a EUR 78 million past-service pension cost gain in the US EBITA excluding restructuring and acquisition-related charges and other gains increased to EUR 530 million, or 9.4% of sales Net income of EUR 317 million, compared to EUR 102 million in Q2 2012 Inventories as a percentage ...
Continue reading

This year's report plays a key role in aligning with the upcoming standards of the European Union and is built on a significantly broader data foundation than in previous years. For the first time, the report includes all LEDVANCE entities... READ MORE

Nichia, the world's largest LED manufacturer and inventor of the high-brightness blue and white LEDs, is pleased to announce that Cube Direct Mountable Chip received the LightFair Innovation Awards in the LED Chips & Modules category. ... READ MORE