Screens Philips profit furnish flattened
Philips has made in the third quarter of 2003 a profit of 124 million Euros. The profit becomes causes flattened with name through the sale of television screens, huishoudelektronica and medical equipment.
Since this quarter perform the divisions Domestic Appliances and Personal Care (domestic electronic equipment) and Light defense to belong. Medical Systems has turn furnished this the largest contribution at the operating results thanks to lower expenses.
In the same period in 2002 Philips yet a loss of 330 million Euros made. This quarter through the currency swing the volume of trade had to go down with 4 per cent to 7 billion euro. Becomes that oscillations taken along, with name the drop of the dollar, then do not rises the volume of trade with 6 per cent. The past time has Philips a billion euro know to save.
Philips expects to obetain the fiscal year from now 2003 an operational profit.