Philips first-quarter core profit jumps 74% on strong demand amid pandemic
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/04/7ee5ac074313f833b3d10fc0d320079c.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
AMSTERDAM - Dutch health technology company Philips on Monday beat analysts' expectations with a 74% jump in first-quarter core earnings to 362 million euros ($438.27 million), as demand for hospital equipment needed to treat COVID-19 patients remained strong.
Analysts polled by the company on average had expected adjusted earnings before interest, taxes and amortisation (EBITA) to rise to 326 million euros in the January-March period, following a 208 million euros result a year earlier.
![](https://portfolio.investmentguruindia.com/uploads/news/insurance 123.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Wipro.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/2b1715f7e03b51b0ac9c014eb224fc1f.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/gdp22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Geojit Financial Services.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Dollar retures 2.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/health22.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Arvind Kapil, MD and CEO, Poonawalla Fincorp.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/stock8.jpg)