Philips’ Second Quarter Results 2012

Amsterdam, July 23, 2012

Report

Q2 2012 resultsPDF 568.5 kB

Presentation

Q2 2012 presentationPDF 2.0 MB

Webcast

Q2 2012 transcriptPDF 180.8 kB

Philips reports second-quarter comparable sales growth of 5% to EUR 5.9 billion; EBITA of EUR 450 million

Second-quarter highlights

  • Growth led by 7% growth at Healthcare and 6% growth at Lighting
  • Sales in growth geographies up 11% on a comparable basis, now representing 35% of total revenue
  • Reported EBITA of EUR 450 million, or 7.6% of sales
  • Net income of EUR 167 million
  • Overhead-reduction plan on track; cumulative savings now EUR 176 million
  • Distribution agreement signed for Lifestyle Entertainment in North America with Funai