Koninklijke Philips N.V.
Below you will find information from the register publication of inside information. The information has been provided by the organisation.
- Registration date 19 jul 2010 - 07:01
- Statutory name Koninklijke Philips N.V.
- Title Philips reports second-quarter EBITA of EUR 527 million and sales of EUR 6.2 billion
- Comments July 19, 2010 Philips reports second-quarter EBITA of EUR 527 million and sales of EUR 6.2 billion • Comparable sales up 12%, led by double-digit growth at Lighting and Consumer Lifestyle • Emerging markets sales growth accelerates to 29%, now representing over one-third of Group sales • EBITA of EUR 527 million, or 8.5% of sales • EBITA, excluding EUR 93 million restructuring and acquisition-related charges, at 10% of sales • Net income of EUR 262 million Gerard Kleisterlee, President and CEO of Royal Philips Electronics: “In Q2, Philips delivered another strong quarter, with good top-line growth and strong profitability in all three operating sectors. Sales performance was especially strong in emerging markets. We are particularly pleased to have reached an adjusted profitability level of 10% in the quarter. It is encouraging to see that our performance continues to improve, despite ongoing weakness in many global markets and economic uncertainty – a clear testimony to the soundness of our strategy and the strength of our portfolio. I believe we remain well on our way to becoming the leading company in health and well-being and consider this quarter another clear step in the right direction.” Follow the link for an audio quote from Gerard Kleisterlee on the Second Quarter and Semi-Annual Results 2010 http://www.newscenter.philips.com/main/corpcomms/resources/corporate/press/2010/Q2/Kleisterlee_Q2_audio_English_MP3_192K.mp3 For further information, please contact: Arent Jan Hesselink Philips Corporate Communications Tel: +31 20 59 77415 Email: firstname.lastname@example.org Joon Knapen Philips Corporate Communications Tel: +31 20 59 77477 Email: email@example.com About Royal Philips Electronics Royal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is a diversified health and well-being company, focused on improving people’s lives through timely innovations. As a world leader in healthcare, lifestyle and lighting, Philips integrat
|201007190000000001_2010-07-19 no. 45 Philips reports second-quarter EBITA of EUR 527 million and sales of EUR 6.2 billion.pdf|
Date last update: 03 July 2022