Philips’ First Quarter Results 2015

Amsterdam, April 28, 2015

Report

Q1 2015 resultsPDF 694.7 kB

Presentation

Q1 2015 presentationPDF 3.1 MB

Webcast

Q1 2015 transcriptPDF 181.5 kB

Philips reports Q1 comparable sales growth of 2% to EUR 5.3 billion and operational results of EUR 327 million

First-quarter highlights

  • Comparable sales increase was driven by Western Europe and growth geographies
  • EBITA amounted to EUR 230 million, or 4.3% of sales, impacted by increased investments, compared to EUR 253 million, or 5.4% of sales, in Q1 2014
  • EBITA, excluding restructuring and acquisition-related charges and other items, amounted to EUR 327 million, or 6.1% of sales, compared to EUR 304 million, or 6.5% of sales, in Q1 2014
  • Net income amounted to EUR 100 million, compared to EUR 137 million in Q1 2014
  • Free cash outflow amounted to EUR 443 million, compared to an outflow of EUR 431 million in Q1 2014