HALISTER: Philips 1Q Adj. Ebita Rises, Confirms 2016 Outlook

Philips 1Q Adj. Ebita Rises, Confirms 2016 Outlook

(Bloomberg) -- Philips 1Q revenue EU5.52b vs est. EU5.42b; comparable sales growth driven by 5% growth in HealthTech portfolio.
  • 1Q adj. Ebita EU374m vs EU327m
  • 1Q net income EU32m vs EU99m, says mainly impacted by tax
charges related to the separation
  • Says 2016 outlook remains unchanged
  • Says lighting separation process well on track
  • Call at 10am CET, +31 20 713 2790, +44 (0) 20 3427 1901, +1 646 254 3367, link to web cast here
Statement
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
PHIA NA (Koninklijke Philips NV)

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