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Philips' 'HealthTech' Profit Margins in the Spotlight With Quarterly Update

Royal Philips (PHG) , a Dutch maker of hair trimmers and electric tooth brushes, is set to report sharply higher earnings with its third-quarter update Monday. The improvement should come as the company reaps the benefits of its cost-cutting efforts and improved market conditions.

Philips is scheduled to report third-quarter results at 7 a.m., central European time on Monday.

A consensus of 23 analysts reported by FactSet shows the Amsterdam-based company is expected to report adjusted Ebita of €653 million ($710 million) on sales of €5.94 billion. The adjusted figure...


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