Philips reports fourth-quarter sales of EUR 6.7 billion; EBITA of EUR 503 million
Fourth-quarter highlights
- Comparable sales up 3%, led by 7% growth at Lighting
- Growth geographies sales up 12% on a comparable basis
- EBITA of 7.5% of sales
- Net income from continuing operations at EUR 112 million
- Free cash flow of EUR 961 million
- Proposed dividend stable at EUR 0.75 per share