Philips Delivers Strong Order Intake Growth in the Second Quarter, Margin Improvement and Sales Growth; Reiterates Full-year Outlook
July 29, 2024 Second-quarter highlights Group sales amounted to EUR 4.5 billion, with comparable sales growth of 2% Comparable order intake increased by 9% Income from operations EUR 816 million, including EUR 538 million insurance income*) Adjusted EBITA margin increased to 11.1% of sales Operating cash inflow of EUR 89 million, with a free cash [...]