TV results cast cloud over Philips

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15-04-2008, 7:50 AM

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TV results cast cloud over Philips

Phillips says that difficult trading conditions surrounding its TV business are to blame for a 28 per cent fall in profits. In a statement about its poor past quarter performance, Gerard Kleisterlee, president and CEO, confirmed that while results across most of its operations were good, “our results are clouded, more than we like, by [...]
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