Philips’ Third Quarter Results 2009

Amsterdam, October 12, 2009

Report

Q3 2009 resultsPDF 439 kB

Presentation

Q3 2009 presentationPDF 2.3 MB

Webcast

Q3 2009 transcriptPDF 210 kB

Philips reports third-quarter EBITA of EUR 344 million and sales of EUR 5.6 billion

Third-quarter highlights

  • String improvement of EBITA margin before restructuring and acquisition-related charges and a EUR 87 million provision release
  • Comparable sales down 11%, mainly attributable to Consumer Lifestyle and Lighting, up from the 19% decline visible in the second quarter
  • Double-digit growth in emerging markets for Healthcare not fully offsetting declines in the US
  • Restructuring and acquisition-related charges of EUR 125 million reflect ongoing reduction of our cost base
  • Free cash flow of EUR 353 million exceeded EBITA in the quarter