BlueDimeInvestment

Philips - Finally a breakthrough soon? PT: €100 / €115

Long
EURONEXT:PHIA   KON.PHILIPS N.V.
Price target: €100 / €115

Philips second-quarter earnings beat forecast as pandemic fuels demand

Philips delivers Q2 sales of EUR 4.2 billion, with 9% comparable sales growth; net income amounts to EUR 153 million and Adjusted EBITA margin improves 280 basis points to 12.6%; company announces EUR 1.5 billion share buyback program

www.globenewswire.co...-to-12-6-compan.html
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