Philips : After a Q2 in line, the CFO takes an upbeat stance on H2
>A healthy Q2 overall, thanks to D&T - Yesterday the group published fairly good quality Q2 figures (cf. our flash “Q2 results broadly in line, thanks solely to diagnosis & treatmentâ€), a shade above forecasts (+1.3% for adjusted EBITA). Sales rose 6.1% organic (consensus at +4.5%), underpinned by the three divisions. The adjusted EBITA margin rose 60bp to 11.8% (in line with the consensus), but supported solely by the diagnosis & treatment division, while the ma...Koninklijke Philips Electronics is active in the markets of healthcare, consumer lifestyle and lighting. Co.'s activities can be divided into three segments: Healthcare (Co. provides Imaging Systems, Patient Care and Clinical Informatics, Home Healthcare Solutions and Customer Services), Consumer Lifestyle (Co.'s products are divided into the following: Health and Wellness; Domestic Appliances; and Lifestyle Entertainment), Lighting (Co. provides lighting solutions for homes, shops, offices, schools, hotels, factories and hospitals; Co. also offers solutions for roads (street lighting and car lights) and for public spaces, residential areas and sports arenas).
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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