Philips first quarter comparable sales rise 2%

Balint Porneczi | Bloomberg | Getty Images

Philips, the lighting, consumer and healthcare products company, said on Tuesday its comparable sales rose 2 percent to 5.3 billion euros ($5.76 billion) in the first quarter.

The company said its operational results, or earnings before interest, taxes and amortization, rose to 327 million euros in the first quarter from 304 million euros in the same period a year earlier.

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