2013-10-22

Philips' 3Q13 Financial Results Show Healthy Growth in LED Sector

Philips reports third-quarter comparable sales growth of 3% to EUR 5.6 billion (US$ 7.65 billion); operational results improve by 33% to EUR 634 million. Comparable sales in growth geographies up 10% EBITA increased to EUR 562 million, or 10.0% of sales, compared to 6.3% in Q3 2012 EBITA excluding restructuring and other charges increased to EUR 634 million, or 11.3% of sales Net income increased to EUR 281 million, compared to EUR 105 million in Q3 2012 Free cash flow amounted to EUR 117 million New EUR 1.5 billion share bu...
Continue reading
XLamp® CTW LEDs bring lighting flexibility to life New XLamp® CTW Series – Two-Channel CCT-Tunable White COB LEDs Cree LED’s XLamp CTW Series redefines CCT-tunable COB LEDs with unmatched lumen density, efficiency and de... READ MORE
ams OSRAM, a global leader in innovative light and sensor solutions today held a roundtable forum spotlighting new opportunities with high precision illumination characterization. The event brought together experts from industry, academia, and... READ MORE