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[PHG] Koninklijke Philips Electronics NV

Symbol: PHG
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12/4/2008 01:01am
Koninklijke Philips Electronics NV Does not expect to be capable of meeting EBITA forecasts in 2010, sees additional restructuring charge in Q4

- Says takes a non-cash write-down on the value of remaining shares in LG Display and NXP of about €1.1B in Q4
- Remain committed to existing strategic plan
- Guides Q4 Consumer lifestyle Rev at €2.83B
- Guides Q4 Lighting Rev at €1.83-1.93B


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