Philips delivers Q4 sales of EUR 6.0 billion, with 7% comp. sales growth; income from cont. operations increases to EUR 608 million, Adjusted EBITA margin improves 110 bps to 19.0%, and operating cash

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Go back to Philips delivers Q4 sales of EUR 6.0 billion, with 7% comp. sales growth; income from cont. operations increases to EUR 608 million, Adjusted EBITA margin improves 110 bps to 19.0%, and operating cash

Philips (PHG) Reports Q4 EPS of EUR0.94 on Revenues of EUR6.0B

January 25, 2021 7:47 AM EST

Philips (NYSE: PHG) reported Q4 EPS of EUR0.94, versus EUR0.83 reported last year. Revenue for the quarter came in at EUR6 billion.

Fourth-quarter highlights

Sales amounted to EUR 6.0 billion, with 7% comparable sales growthComparable order intake increased 7%Income from continuing operations increased to EUR 608 million, compared to EUR 550 million in Q4 2019Adjusted EBITA margin increased to 19.0% of sales, compared to 17.9% of sales in Q4 2019Income from operations improved to EUR 795 million, compared to EUR 730 million in Q4 2019EPS from continuing operations (diluted) amounted to EUR 0.66; Adjusted EPS... More