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Philips’ Third Quarter Results 2013

Philips’ Third Quarter Results 2013

Philips reports third-quarter comparable sales growth of 3% to EUR 5.6 billion; operational results improve by 33% to EUR 634 million Comparable sales in growth geographies up 10% EBITA increased to EUR 562 million, or 10.0% of sales, compared to 6.3% in Q3 2012 EBITA excluding restructuring and other charges increased to EUR 634 million, or 11.3% of sales Net income increased to EUR 281 million, compared to EUR 105 million in Q3 2012 Free cash flow amounted to EUR 117 million New EUR 1.5 billion share buy-back program starts on October 21 Frans van Houten, CEO: ?This was another solid quarter for Philips, especially in light of the challenging global economic environment.…

Philips accelerates Green Innovation and reports revenue from Green Products reaching close to half of total sales

Green Product1 sales increased to 45% of total sales (EUR 11.3 billion) in 2012 Total investments in Green Innovation at EUR 569 million in 2012, mainly driven by investments in sustainable LED lighting Carbon reduction target achieved, with 25% decrease in operational CO2 emissions over five years Amsterdam, the Netherlands ?…

Globalt kompetencecenter i Asien for supply chain-l?sninger

Fokus p? udvikling af leverand?rstyrede lagermanagement-tools til elektronikbranchen og industrien. DB Schenker etablerer sit f?rste globale Solutions-kompetencecenter uden for Europa. Mere end EUR 3.000.000 vil blive investeret i teknologi og specialiseret ekspertise til at udvikle, supportere, implementere og k?re det leverand?rstyrede lagermanagement-tool, PVMI (Production Vendor Managed Inventory).…
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