Philips Says Comparable Sales Growth Flat

Phillips reports flat comparable sales growth for the third quarter, with earnings slightly below analyst expectations. The company is focusing on health and technology sectors, aiming to integrate healthcare and technology. Plans are underway to separate the lighting division, marking a significant shift. Phillips is also dealing with a €365 million charge from a patent case loss against Massimo in the U.S., which they are appealing.

What was the analysts' expectation for Phillips' earnings before interest, tax, and depreciation?

• 600 million euros

• 500 million euros

• 554 million euros

• 536 million euros

What new market is Phillips aiming to enter?

• Fashion industry

• Real estate

• Healthcare and technology

• Automotive industry

What significant change is Phillips planning for its business structure?

• Splitting off the lighting division

• Entering the automotive market

• Acquiring a new company

• Launching a new product line

How long has Phillips been in the lighting business?

• 50 years

• 100 years

• 123 years

• 150 years

What was the amount of the fine in the patent case against Massimo Core?

• 500 million euros

• 400 million euros

• 365 million euros

• 200 million euros