(Reuters) - Its hospital equipment business, singled out by analysts
for lacklustre growth in the first quarter, showed comparable
sales growth of 4 percent in the second quarter.
Philips, Europe's biggest consumer electronics producer,
said it was on track for meeting its targets of 5 to 6 percent
of average annual sales growth and a margin of earnings before
interest, tax and amortization of at least 7.5 percent
of sales in 2007.
Read more at Reuters.com Business News
for lacklustre growth in the first quarter, showed comparable
sales growth of 4 percent in the second quarter.
Philips, Europe's biggest consumer electronics producer,
said it was on track for meeting its targets of 5 to 6 percent
of average annual sales growth and a margin of earnings before
interest, tax and amortization of at least 7.5 percent
of sales in 2007.
Read more at Reuters.com Business News
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