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Philips Slips To Loss In Q4, Sales Rise; Declares Dividend; Sees Comparable Sales Growth In FY23

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Dutch consumer electronics giant Philips Electronics NV (PHGFF.PK,PHG) reported Monday that its fourth-quarter net loss was 105 million euros, compared to last year's profit of 151 million euros.

Loss per share was 0.12 euro, compared to profit of 0.18 euro a year ago.

Loss from continuing operations attributable to shareholders was 0.13 euro, compared to last year's profit of 0.16 euro. Adjusted earnings per share from continuing operations was 0.41 euro, compared to 0.57 euro a year ago.

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