Orders for Philips' medical systems sector rise:
This article was originally published in Clinica
Executive Summary
Philips' professional products and services division, which includes medical devices, had first-quarter revenues of FL2,221 million ($1,075 million), compared with FL2,013 million in the previous period. The Eindhoven-based company said orders for the medical systems sector rose, especially in the US. Net income from operations for the quarter was FL80 million, compared with a loss of FL34 million last year.