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PHG — Koninklijke Philips News Story

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Dutch medtech firm Philips reports 3% rise in quarterly sales, meeting estimates

Nov 4 (Reuters) - Dutch medical technology company Philips PHG.AS reported third-quarter revenue in line with analysts' expectations un Tuesday, citing a strong performance in North America.

The company posted a 3% rise in sales to 4.3 billion euros ($5.0 billion), matching analysts' average estimate in a company-compiled poll.

($1 = 0.8575 euros)

(Reporting by Leo Marchandon in Gdansk, editing by Milla Nissi-Prussak)

((Leo.Marchandon@thomsonreuters.com;))

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