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Philips sales jump, bounces back from respirator recall
Philips sales jump, bounces back from respirator recall
Business and Economy
by  AFP

Dutch medical tech firm Philips posted a nine percent jump in second-quarter sales and a return to profit on Monday as it bounces back from a global recall of sleep respirators. The medical device maker in 2021 announced a major recall of its DreamStation machines for sleep apnoea, a disorder in which breathing stops and starts during sleep.