Philips lowers outlook as recall, parts shortages bite
https://www.reuters.com/article/philips-results/philips-lowers-outlook-as-recall-parts-shortages-bite-idUSKBN2H80DY
AMSTERDAM (Reuters) -Dutch health technology company Philips lowered its outlook on Monday for sales and profit growth in 2021, as a massive recall of respiratory devices and a global shortage of electronic components hit its third-quarter earnings.
Philips lowers outlook as recall, parts shortages bite
Oct 18, 2021, 6:22am UTC
https://www.reuters.com/article/philips-results/philips-lowers-outlook-as-recall-parts-shortages-bite-idUSKBN2H80DY
>AMSTERDAM (Reuters) -Dutch health technology company Philips lowered its outlook on Monday for sales and profit growth in 2021, as a massive recall of respiratory devices and a global shortage of electronic components hit its third-quarter earnings.