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EP 118 | Are Dividends Irrelevant?

Dividend Talk

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Phillips, Is It a Good Will Charge?

Phillips is expecting a comparable sales decline of approximately 5%. And honestly, we see everywhere profit warnings, right? So in itself, it's not so surprising that Phillips also has a profit warning. I wouldn't be surprised if a company like Metronic or other companies like that will face something similar. Then they also mentioned again, you know, order intake is declining,. okay, but then a good will impairment charge of 1.3 billion for their, what is it, their recipe, retary care business.

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