Picture of Koninklijke Philips logo

PHG — Koninklijke Philips News Story

0.000.00%
us flag iconLast trade - 00:00
HealthcareBalancedLarge CapSuper Stock

Brief: Philips Q3 Revenue EUR 4.3 Billion, Outlook Reiterated

Nov 4 (Reuters) - Koninklijke Philips NV PHG.AS:

Q3 REVENUE EUR 4.3 BILLION

Q3 OPERATING INCOME EUR 330 MILLION

Q3 FREE CASH FLOW EUR 172 MILLION

Q3 ADJUSTED FREE CASH FLOW EUR 327 MILLION

Q3 ADJUSTED EBITA MARGIN INCREASED BY 50 BASIS POINTS TO 12.3% OF SALES

REITERATES FULL-YEAR 2025 OUTLOOK

2025 OUTLOOK: ADJUSTED EBITA MARGIN NOW EXPECTED AT UPPER END OF RANGE

DISCIPLINED COST MANAGEMENT AND ROBUST PRODUCTIVITY INITIATIVES DELIVERED SAVINGS OF EUR 222 MILLION IN THE QUARTER

Q3 NET INCOME AT EUR 187 MILLION

TO DELIVER THREE-YEAR EUR 2.5 BILLION PRODUCTIVITY PROGRAM, INCLUDING EUR 800 MILLION OF PRODUCTIVITY SAVINGS IN 2025

OUTLOOK EXCLUDES ONGOING PHILIPS RESPIRONICS-RELATED PROCEEDINGS, INCLUDING THE INVESTIGATION BY THE US DEPARTMENT OF JUSTICE

Source text: ID:nGNE7bcC1n

Further company coverage: PHG.AS

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

Recent news on Koninklijke Philips

See all news