This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at Philips pasa de perder 1.470 millones a beneficios de 260 millones
Philips passes lose 1,470 million to profit of 260 million
25/01/2010
January 25, 2010
The Dutch group Philips Electronics has announced a net profit of 260 million in the fourth quarter of 2009 - the consecutive third closing positive - due to the reduction of costs, the increase in demand in the healthcare business and evolution positive emerging markets. Last year, the giant announced losses of about 1,470 million euros in the last quarter of 2008 and confirmed their intentions to eliminate 6,000 jobs worldwide in 2009.
According to these results, the Chief Executive of the company, Gerard Kleisterlee, expressed his confidence in 2010, a year which will try to make progress in the business of the medical equipment; and it announced that it will keep the dividend per share in the 0.7 euros.
