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    Philips shake up boosts profits

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    euronews (in English)

    by euronews (in English)

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    Philips said its latest quarterly net profit - at 281 million euros - was nearly triple what it made a year ago.

    That follows two years of restructuring by the healthcare equipment, lighting and consumer appliances maker.

    The Dutch group has shaken up its product range and sold off much of its consumer electronics business.

    ...
    http://www.euronews.net/