Philips tops profit estimates, reaches agreement in principle with DOJ on Respironics

By Lucie Barbier Nov 3 (Reuters) – Dutch healthcare technology manufacturer Philips beat market expectations for third-quarter core earnings on Tuesday, driven by higher sales and gross margin alongside productivity measures. Philips, which sells products ranging from toothbrushes to medical imaging systems, reported a 7.2% rise in its adjusted earnings before interest, taxes and amortisation to…

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