Net income declined by 24% in the second quarter to €309 million ($329 mm) from €407 million, as revenues increased 10% to €5,596 million ($5,960 mm) up from €5,077 million with growth in all regions except China. Constant currency sales were up 4%, as more than half the top line improvement came from the strong dollar, and CC revenues would have been up 14% without the PRC drag. Sales were also impacted by about €200 million from the hangover from Vietnam factory closures in Q3 last year, and by €100 million ... Log in to view full article.