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