AMSTERDAM (Reuters) – Philips Electronics is expected to report a 35 percent rise in quarterly net profit on Monday, supported by a stronger performance at its consumer electronics division after a year of disappointing results and a string of setbacks. Investors want to see evidence of a turnaround at the Dutch group now that Chief Executive Frans van Houten has been in the job for a year and will be looking for signs that management changes and restructuring measures are starting to pay off.
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Consumer electronics to brighten Philips’ first
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