Philips 1Q EBITA Ex-Items EU368M, Est. EU413M

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April 22 (Bloomberg) –- Bloomberg’s Manus Cranny reports 1Q earnings for Philips. He speaks to Mark Barton and Anna Edwards on Bloomberg Television’s “Countdown.” (Source: Bloomberg)


A lot of reports we have had through the first quarter.

The first quarter evident, coming in at 360 million euros.

The market was looking for 413. this is approximately five percent.

2014 will be another challenging year for them.

They come in at 5.0 2 billion.

The met -- the estimate was for slightly higher.

Three key focuses.

Which is health care and wellness.

Encouraging the bailment in the order book and this is important.

We are nowhere near the accelerating's ending levels.

That is obviously some vision and in terms of a forward-looking statement.

And near 40%. sales missed, foreign exchange is the key message coming through.

We are talking about this later.

All going after these eight but buster deals area entire cities, that is not just that.

It is the contractor serving -- servicing them.

This is services as well as manufacture.

The phrase they use is solid-state.

Now with led lighting they are around a bit longer than if -- a few seconds.

I'm obliged to put 75% into the property.

Can you call philips to come around and change the bulbs?

Am looking at three variations.

They're very expensive.

Thank you.

This will be tricky.

We will get inside from the

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