News Formal

Dutch health tech company Philips raises outlook as Q3 profit jumps

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Explore stories from Atlantic Canada.

Cooking Culinary Adventure: inspired by Halifax's Seaport Market | SaltWire #cooking #cookingshortsAMSTERDAM - Dutch health technology company Philips on Monday raised its full-year outlook as it beat analyst expectations with a more than doubling of third-quarter core profit to 457 million euros .

Analysts in a company-compiled poll on average had predicted adjusted earnings before interest, taxes and amortisation in July-September would rise to 389 million euros from 209 million euros the year before. Philips said it now expected 6% to 7% comparable sales growth over 2023, with a profit margin of 10%-11%.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 45. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dutch health tech company Philips raises outlook as Q3 profit jumpsExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

Argentina market analysts see silver lining in Peronist election winExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »