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Home Finance

Philips shares retreat after fourth straight drop in order intake

admin by admin
July 24, 2023
in Finance
Philips shares retreat after fourth straight drop in order intake
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  • Order intake down 8% in April-June period
  • Q2 EBITA 453 mln eur vs forecast 394 mln
  • 2023 EBITA margin now seen at upper end of provided range
  • Shares fall 5%

July 24 (Reuters) – Health technology group Philips (PHG.AS) posted a fourth straight drop in order intake on Monday and warned that it expects global market conditions to remain highly…



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