Philips announced its first quarter 2013 earnings report. According to the report, sales of Q1 LED lamps increased by 38% in 2013. The sales of energy-saving bulbs produced by the company accounted for 23% of total sales. The Dutch health care and electrical consumer group said that in the first quarter. The sales of light bulbs reached 200 million US dollars. In addition, sales of electrical appliances also increased by 10 compared with the same period of the previous year, while sales of other businesses of the company stagnated.
In this regard, Philips Van Hoden said that although the situation in the international market in the first half of 2013, especially in Europe and the United States, is not optimistic, the company is still confident to set a sales target for this year. At present, the company hopes to focus on the construction of health care, light bulbs and home appliance companies, and accelerate the implementation of the restructuring plan.
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