Solid healthcare performance boosts Philips' first quarter
This article was originally published in Clinica
Executive Summary
Philips' posted a 12% increase in healthcare sales for the first quarter of 2012, at €2.21bn ($2.90bn, +9% on a constant currency basis). This robust performance helped boost the Dutch electronics giant's group revenue, which increased 7% (+4% constant currency) year-on-year to €5.61bn.