Philips shares jump 8% on second-quarter growth in North America
PHGPhilips(PHG) CNBC·2024-07-29 15:36

The Philips office building in Warsaw, Poland, on July 29, 2021.Shares of Dutch device maker Philips jumped more than 8.5% in early deals Monday after the company reported better-than-expected second-quarter earnings.Shares pared gains slightly to trade up 7.83% by 8:25 a.m. London time.Comparable group sales rose 2% to 4.5 billion euros ($4.88 billion), as demand in North America held strong, even as China sales dipped. The company's comparable order intake over the three-month period grew by 9%. ...