Philips reports third-quarter net income of EUR 524 million, EBITA of EUR 648 million and sales of EUR 6.2 billion
Third-quarter highlights
- Net income of EUR 524 million, including a gain of EUR 154 million on the sale of NXP shares
- EBITA of EUR 648 million, or 10.5% of sales, up from 6.1% last year
- Sales up 10% nominally and 1% comparably year-on-year
- Healthcare order intake growth of 7%, including 20% growth in emerging markets
- Growth at Lighting and Healthcare tempered by Consumer Lifestyle