VIDEO: Philips shocks with 2014 warning
Unfavourable currency effects, restructuring costs and weakness in China and Russia are to blame for an unexpectedly large dip in Q1 profits, Philips CEO Frans van Houten tells Reuters. David Pollard reports.
Unfavourable currency effects, restructuring costs and weakness in China and Russia are to blame for an unexpectedly large dip in Q1 profits, Philips CEO Frans van Houten tells Reuters. David Pollard reports.
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