Philips Second Quarter and Semi-Annual Results 2012

Philips reports second-quarter comparable sales growth of 5% to EUR 5.9 billion; EBITA of EUR 450 million

Juli 23, 2012

• Growth led by 7% growth at Healthcare and 6% growth at Lighting
• Sales in growth geographies up 11% on a comparable basis, now representing 35% of total revenue
• Reported EBITA of EUR 450 million, or 7.6% of sales
• Net income of EUR 167 million
• Overhead-reduction plan on track; cumulative savings now EUR 176 million
• Distribution agreement signed for Lifestyle Entertainment in North America with Funai

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