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

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

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

January 25, 2021 1:00 AM EST

January 25, 2021

Fourth-quarter highlights        Sales amounted to EUR 6.0 billion, with 7% comparable sales growth        Comparable order intake increased 7%        Income from continuing operations increased to EUR 608 million, compared to EUR 550 million in Q4 2019        Adjusted EBITA margin increased to 19.0% of sales, compared to 17.9% of sales in Q4 2019        Income from operations improved to EUR 795 million, compared to EUR 730 million in Q4 2019        EPS from continuing operations (diluted) amounted to EUR 0.66; Adjusted EPS increased to EUR 0.94, compared to EUR 0.83 in Q4 2019        Operating cash flow improved to EUR 1,305 million, compared to EUR 1,271 million in Q4 2019        Free cash flow improved to EUR 1,055 million, compared to EUR 959 million in Q4 2019 Full-year highlights        Sales... More