© Reuters. FILE PHOTO: The logo of Dutch technology company Philips is seen at the company headquarters in Amsterdam, Netherlands, January 29, 2019. REUTERS/Eva Plevier/File Photo
AMSTERDAM (Reuters) – Dutch health technology company Philips said on Monday it expects sales to recover strongly in the second half of the year, while a steep decline due to global shortages of parts is likely to persist in the coming months.
Philips earlier this month warned supply chain woes would hit profits and a ventilator recall needed to be expanded.
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