Royal Philips Electronics (PHG): Q3 net income of €524M vs. consensus of €358M. Sales +1% to...

|By:, SA News Editor
Royal Philips Electronics (PHG): Q3 net income of €524M vs. consensus of €358M. Sales +1% to €6.2B. "Given the uncertain economic climate and fragile consumer confidence in some of our markets, we take a cautious view on revenue development in the fourth quarter." Shares -5.1% premarket. (PR)