Philips delivers strong order intake growth in the second quarter, margin improvement and sales growth; reiterates full-year outlook

Second-quarter highlights "I am encouraged by our return to order intake growth this quarter, primarily driven by North America. Within a challenging macro environment we achieved strong margin improvement, supported by our productivity program, solid operational cashflow due to improved working capital management and comparable sales growth in line with our plan. We continue to focus on enhancing execution, improving end-to-end supply chain resilience and increasing agility and productivity through simplif ...