FILE PHOTO: Dutch technology company Philips. logo is seen at company headquarters in Amsterdam, Netherlands, January 29, 2019. REUTERS/Eva Plevier
The firm, which makes products ranging from electric toothbrushes to medical imaging systems, said comparable sales dropped 6% in the second quarter, to 4.4 billion euros , as the global spread of COVID-19 hit demand for its consumer products and caused hospitals to delay the installation of new equipment.
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Health tech? :) Apparently consumer electronics is not profitable anymore...
pump
... pescara-philips..
Ventilators keep up the Budget