PHILIPS RECORDS a LOSS of 104 MILLION EUROS
10/21/2014 -
Second, the company disclosed balance, this Monday (20), the manufacturer had a net loss of € 104 million, in the third quarter of 2014. In the same period last year, the profit was € 282 million. The net revenue of the company had a loss of 0.9% from July to September, to € 5.55 billion. Swing line already climbed 15.4% to € $ billion, already committing the result.
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Philips leaves a profit to a loss of 104 million euros in 3Q
10/20/2014 -
The manufacturer Royal Philips Electronics from the Netherlands, faced net loss of 104 million euros in the third quarter, according to balance sheet released on Monday by the company. In the same period last year, the profit had been of 282 million euros. The figures take into account the portion assigned to controllers.
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PHILIPS ANNOUNCES GROUP DIVISION
9/23/2014 -
The Dutch company announced on Tuesday, 23, splitting the group into two separate companies--one with lighting and other activities with those of health and lifestyles, which will share the name of the company.
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Electronics production back up 21.5% in June
8/5/2014 -
The Brazilian manufacturers of electronics registered a decline of 21.5 percent in production in June 2014 compared with the same month last year, according to data from the Brazilian Institute of geography and statistics (IBGE), aggregated and disclosed by the Brazilian Association of electrical and Electronics Industry (Abinee).
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Philips sees improvement in profit for the second half with cost-cutting
7/21/2014 -
Philips said on Monday that it expects its operating profit climb in the second half of the year after cost-cutting measures, but stated that 2014 will still be a challenging year.
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Philips will double funding in Brazil
11/14/2013 -
Philips, founded 122 years ago, changed the slogan and the logo. And the marketing budget for the Brazil will double in 2014.
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Phillips has 168% higher profit in the third quarter
10/21/2013 -
The Dutch Philips recorded net profit of 282 million euros ($ 385,7 million) in the third quarter ended in September, 168% higher than the 105 million euros from a year earlier. The gain occurred even with slight drop in revenues.
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Hamilton beach want to 6% of the national market of small appliances in 5 years
10/10/2013 -
Excited about the consumption potential of Brazilians, the American Hamilton Beach arrives in the country with the desire to conquer, in up to five years, 6% share in the segment of small appliances. To make their plans of action in the region, the company will invest about $ 2 million by 2014. "The small appliances market is huge and offers a significant space for growth. So before we open our office here, we conducted a survey of 500 consumers, between 15 and 55 years, to know what were the sp
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Philco will produce cellular in Manaus
8/20/2013 -
The Philco brand, founded in 1892 in the United States and Brazil already changed hands three times, being reactivated by Britain, its owner since 2007. The company will enter into new categories of products and manufacturing them in the free zone of Manaus. This year starts the production of smartphone and air-conditioning "split". The Philco, which in 2012 made us $ 760 million, already has authorization of Suframa to manufacture tablets, plasma TVs, DVD players and microwaves.
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Phillips's profit more than triples in second quarter
7/22/2013 -
The Dutch Royal Philips increased its efficiency and, despite a higher level of taxes on the result, managed to more than triple the net income during the second quarter, compared with the same months last year, to 317 million euros. The high was more than 210%.
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Manufacturers prepare adjustment for 2nd semester
7/18/2013 -
Appliance makers make new attempt this year to readjust prices. On the Eletrolar Show, fair of the sector going up tomorrow in São Paulo, the price lists are of 5% to 12% above the figures reported last year, according to executives heard by value. The adjustments must reach to the consumer if retailers accept the adjustments, from the second half of August, after father's day.
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Philips changes the product according to the customer's taste
4/24/2013 -
The Dutch Philips is restructuring its business in the world, with a focus on adaptation of the products to regions where it operates. In Brazil, which added to other emerging countries, represents 35% of its global revenue, the company already took off the strategy: is producing larger whisks to supply the families of the North and Northeast, which are more numerous than those in the South and Southeast.
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