Dow Jones Newswires: Philips posts wider loss after booking provision, says ‘uncertainties’ remain


Royal Philips NV on Monday reported a widened net loss for the first quarter of the year after booking a provision on the respironics recall-related economic loss class action in U.S.

The Dutch health-technology company NL:PHIA PHG said net loss for the period was 665 million euros ($730.9 million) compared with a loss of EUR151 million for the first quarter of 2022.


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