(Reuters) - AMSTERDAM, April 16 - Dutch Philips Electronics beat analysts' forecasts on Monday with first-quarter operating profit, but sales were below expectations due to slower TV and monitor sales as well as Latin American weakness.
Philips's earnings before interest and taxes came in at 292 million euros compared with an average forecast of 267 million euros by 15 analysts polled by Reuters. EBIT in the year-earlier period was 335 million euros.
Read more at Reuters.com Market News
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