April 22 (Bloomberg) — Frans Van Houten, chief executive officer of Royal Philips NV, discusses the company’s first-quarter earnings reported today that missed analyst estimates, adverse currency effects and the outlook for its WOOX Innovations unit.
He speaks from Amsterdam with Mark Barton on Bloomberg Television’s “Countdown.” (Source: Bloomberg)
Royal Philips NV (PHIA) said the strength
of the euro will make 2014 a “challenging” year after the
world’s biggest lighting manufacturer reported first-quarter
earnings that missed analyst estimates. The stock declined the
most since June 2011.
April 22nd, 2014 at 6:38 am
From Bloomberg, Apr 22, 2014, 5:12:49 AM
He speaks from Amsterdam with Mark Barton on Bloomberg Television’s “Countdown.” (Source: Bloomberg)
Royal Philips NV (PHIA) said the strength
of the euro will make 2014 a “challenging” year after the
world’s biggest lighting manufacturer reported first-quarter
earnings that missed analyst estimates. The stock declined the
most since June 2011.
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