Philips increased its profit by 3.5 times – up to 1.446 billion euros | Предприниматель

Philips increased its profit by 3.5 times – up to 1.446 billion euros

Such data are contained in the report released today by the company.

Company sales for the period grew by 9.6% to 25.419 billion euros against 23.189 billion euros a year earlier. Profit before tax for the period increased by 4.3 times and amounted to 1.943 billion euros, while for 2009 the company made ​​a profit before tax of 448 million euros.

Net income for the IV quarter 2010 increased almost twice and reached 463 million euros against 251 million euro, recorded for the IV quarter of 2009 had sales for the quarter rose by 1.7% to $ 7 billion 392 million euros against 263 million 7 billion euros a year earlier. Profit before tax for the quarter increased by 1.5 times and amounted to 692 million euros, while for the IV quarter of 2009 the company made ​​a profit before tax of 477 million euros.

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