Dutch consumer electronics giant Philips Electronics NV (PHGFF.PK, PHG) reported Monday that its first-quarter net loss was 665 million euros, wider than last year's loss of 151 million euros. Loss per share was 0.75 euro, compared to loss of 0.17 euro a year ago.
The latest results included 575 million euros litigation provision related to the anticipated resolution of the Respironics recall-related economic loss class action in the US.
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