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Philips posts Q1 results, good performance in Healthcare and Lighting

Philips posts EBITA of EUR 265 million, and group sales increase to EUR 5,965 million, fueled by sustained strong growth of 17% in emerging markets and good performance in Healthcare and Lighting. In the quarter, Philips focused on integrating the important acquisitions of Respironics, VISICU and Genlyte, and decisively addressed the unstatisfactory profitability levels in its TV operations.

 
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