Philips’ First Quarter Results 2011

Amsterdam, April 18, 2011

Report

Q1 2011 resultsPDF 210 kB

Presentation

Q1 2011 presentationPDF 1.5 MB

Webcast

Q1 2011 transcriptPDF 168 kB

Philips reports first-quarter net income of EUR 138 million, EBITA of EUR 437 million and sales of EUR 5.3 billion

First-quarter highlights

  • Philips and TPV to create strong television company
  • Television results reported as discontinued operations
  • Nominal sales of EUR 5.3 billion, 6% higher year-on-year
  • Comparable sales increased by 4%, with solid growth at Lighting and Healthcare
  • Comparable sales in our growth markets increased by 11%
  • EBITA of EUR 437 million at 8% of sales in the quarter
  • Net income of EUR 138 million, EUR 63 million below Q1 2010
  • Free case outflow of EUR 615 million