18Oct/103:10 AM
Video: Philips's Sivignon Expects `Patchy' Consumer Sentiment
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Oct. 18 (Bloomberg) --Pierre-Jean Sivignon, chief financial officer of Royal Philips Electronics NV, talks about third-quarter profit and the outlook for the final three months of the year. The world's biggest lighting company said net income rose to 524 million euros ($728 million) from 174 million euros a year earlier, helped by cost cuts and a 154 million-euro gain from the sale of its stake in NXP Semiconductors NV. Sivignon speaks from Amsterdam with Rishaad Salamat on Bloomberg Television's "Countdown." |
