Philips experienced a significant drop in stock demand after announcing disappointing earnings, with a full-year net loss of €698 million. The company attributed the loss to higher taxes and a decline in sales in China. Despite the challenges, Philips reported a slight increase in comparable sales growth and adjusted EBITA. The CEO expressed confidence in the long-term plan and announced a target increase in productivity savings. Teljes cikk (Euronews.com)