Philips sees tough year ahead

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Philips sees tough year ahead

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Philips sees tough year ahead

by Reuters Videos 1:43 mins

In an interview with Reuters, Philips CEO Frans van Houten warns of a tough year ahead and flags turmoil in the currency markets as a particular concern. As Hayley Platt reports, shares in the Dutch healthcare, lighting and consumer appliances company fell two per cent in early trading but recovered later on better-than-expected Q4 earnings.

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