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Economy
In reply to the discussion: STOCK MARKET WATCH -- Monday, 22 April 2013 -- Earth Day [View all]xchrom
(108,903 posts)21. Philips sees booming LED lighting sales
http://www.bbc.co.uk/news/business-22244564
Philips, the world's biggest lighting maker, has reported a 38% jump in first quarter LED sales from a year earlier.
The pricey but long-life and energy-efficient bulbs now represent 23% of its lighting sales.
The Dutch healthcare and consumer appliances group said it made 162m euros ($211m; £139m) in the first three months of the year.
Appliances sales were up 10% from a year earlier, but other parts of the business were stagnant.
Philips, the world's biggest lighting maker, has reported a 38% jump in first quarter LED sales from a year earlier.
The pricey but long-life and energy-efficient bulbs now represent 23% of its lighting sales.
The Dutch healthcare and consumer appliances group said it made 162m euros ($211m; £139m) in the first three months of the year.
Appliances sales were up 10% from a year earlier, but other parts of the business were stagnant.
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