Philips’ Second Quarter Results 2015

Amsterdam, July 27, 2015

Report

Q2 2015 resultsPDF 1011.5 kB

Presentation

Q2 2015 presentationPDF 4.9 MB

Webcast

Q2 2015 transcriptPDF 216.0 kB

Philips reports Q2 comparable sales growth of 3% to EUR 6  billion and operational results of EUR 501 million

Second-quarter highlights

  • Comparable sales growth of 3% particularly driven by improvements in North America, Central & Eastern Europe and India
  • EBITA, excluding restructuring and acquisition-related charges and other items, amounted to EUR 501 million, or 8.4% of sales, compared to 7.9% of sales in Q2 2014
  • EBITA totaled EUR 450 million, or 7.5% of sales, compared to 7.4% of sales in Q2 2014
  • Net income amounted to EUR 274 million, compared to EUR 243 million in Q2 2014
  • Free cash outflow was EUR 30 million, compared to a free cash inflow of EUR 214 million in Q2 2014
  • Separation process is progressing well