blinkx

  • Philips profit halved as Europe falters

  • 00:01:58
  • Reuters
    • Browse

Philips profit halved as Europe falters

Philips Electronics reported a 45 percent fall in fourth-quarter core profit on Monday to 503 million euros, in line with the company's own forecast earlier this month, and said it was cautious on prospects for 2012, especially in Europe.

Reuters | January 30, 2012Watch more videos from Reuters

Tags:. .World News. .falters. .cautious. .halved. .prospects