Philips’ Third Quarter Results 2013

Amsterdam, October 21, 2013

Report

Q3 2013 resultsPDF 242.0 kB

Presentation

Q3 2013 presentationPDF 3.5 MB

Webcast

Q3 2013 transcriptPDF 195.7 kB

Philips reports third-quarter comparable sales growth of 3% to EUR 5.6 billion; operational results improve by 33% to EUR 634 million

Third-quarter highlights

  • Comparable sales in growth geographies up 10%
  • EBITA increased to EUR 562 million, or 10.0% of sales, compared to 6.3% in Q3 2012
  • EBITA excluding restructuring and other charges increased to EUR 634 million, or 11.3% of sales
  • Net income increased to EUR 281 million, compared to EUR 105 million in Q3 2012
  • Free cash flow amounted to EUR 117 million
  • New EUR 1.5 billion share buy-back program starts on October 21