Philips’ First Quarter Results 2012

Amsterdam, April 23, 2012

Report

Q1 2012 resultsPDF 286.2 kB

Presentation

Q1 2012 presentationPDF 2.7 MB

Webcast

Q1 2012 transcriptPDF 228.9 kB

Philips reports first-quarter sales of EUR 5.6 billion; EBITA of EUR 552 million

First-quarter highlights

  • Comparable sales up 4%, led by 9% growth at Healthcare
  • Sales in growth geographies up 9% on a comparable basis
  • Reported EBITA of 9.8% of sales
  • Net income of EUR 249 million
  • Free cash flow of EUR 642 million
  • TV joint venture with TPV completed, Senseo transaction with Sara Lee finalized
  • Philips sells real estate of High Tech Campus Eindhoven
  • Cost savings on track