Philips’ Q3 performance impacted by operational and supply challenges; company is taking immediate actions to restore performance
October 24, 2022 Highlights Group sales amounted to EUR 4.3 billion, with a 5% comparable sales decline, in line with the update provided on October 12, 2022 Comparable order intake decreased 6% on the back of 47% growth in Q3 2021 Income from operations amounted to a loss of EUR 1.5 billion, mainly due to […]