2013-10-22

Philips' 3Q13 Financial Results Show Healthy Growth in LED Sector

Philips reports third-quarter comparable sales growth of 3% to EUR 5.6 billion (US$ 7.65 billion); operational results improve by 33% to EUR 634 million. Comparable sales in growth geographies up 10% EBITA increased to EUR 562 million, or 10.0% of sales, compared to 6.3% in Q3 2012 EBITA excluding restructuring and other charges increased to EUR 634 million, or 11.3% of sales Net income increased to EUR 281 million, compared to EUR 105 million in Q3 2012 Free cash flow amounted to EUR 117 million New EUR 1.5 billion share bu...
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Daktronics of Brookings, South Dakota, has partnered with the American Association of Professional Baseball (AAPB) as its official video display and control equipment provider to bring education and professional sports together. “This pa... READ MORE

As Nichia marks the key milestones of 70 years in business and 30 years since pioneering the white LED, its European division has organized a two-day, invite-only Innovation Gallery. Held on 10 and 11 March at Bernhard Knaus Fine Art, a presti... READ MORE