13 feb 2001 - Royal Philips presented proudly a 20% revenue growth and an increase of income per share of 348% in the year 2000. In fact organic growth was far lower and zero in the USA. The net margin from real business operations in the market, corrected for currency gains, pension gains, one time profits and inflation was a meager 4%. The turnover rate of total assets decreased to precisely 1. Though profitable and solvent, the company still is an unstable factor as ever before and vulnerable to market conditions.
Titel: |
Philips: the Unstable Factor |
Auteur: |
Adriaan Meij |
Aantal pagina's: |
8 |
Uitgegeven: |
13 februari 2001 |
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