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Royal Philips raises forecast after hitting third-quarter profit
Royal Philips raises forecast after hitting third-quarter profit
Updated October 23, 2023 at 1:31 a.m. ET
Royal Philips raised its full-year guidance after achieving a net profit for the third quarter of the year on the back of higher sales, with growth across all segments and geographies.
The Dutch health technology company said Monday that it now expects to see a 6% to 7% rise in comparable sales this year compared with previous forecasts of mid-single-digit comparable growth.
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