The company said that the new company structure will bring about 100 million euros (about $12,846 million) in cost savings next year, and will further save 200 million euros in 2016. The company expects a restructuring expenditure of €50 million for 2014-2016.
According to Philips, this latest initiative will create two leading companies in the market - HealthTech and Lighting, both of which use the Philips brand.
In its revised performance outlook, Philips said that the adjusted earnings before interest, taxes, depreciation and amortization (EBITA) in the second half of 2014 are expected to be slightly lower than a year ago.
In the healthcare business, it is currently expected that the core business profit in the second half of 2014 will be lower than the core business announced in the second half of 2013.
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Food Choppers :
Food Choppers are small kitchen appliance that break up all kinds of chunks meat into minced meat. Besides, food choppers can also be used to chop peanuts, onions, garlic, spices and other foods. Food choppers including Plastic Bowl Choppers, Glass Bowl Choppers and Stainless Steel Bowl Choppers. And food choppers can also be divided into 0.6L choppers, 1.2L Choppers , 1.8L Choppers according to different capacities.
Advantages of food choppers:
1. Stylish appearance.
2. Runs smoothly and efficiency.
3. Easy to disassemble and easy to clean.
4. Rugged and inexpensive
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Food Choppers
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