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Philips Delivers Strong Sales Growth, Profitability And Cash Flow; Raises Full-year Outlook

Philips Delivers Strong Sales Growth, Profitability And Cash Flow; Raises Full-year Outlook

October 23, 2023 (Korea Bizwire) –  Third-quarter highlights Group sales increased 11% on a comparable basis to EUR 4.5 billion Income from operations at EUR 224 million, compared to a loss of EUR 1,529 million in Q3 2022 Adjusted EBITA increased to EUR 457 million, or 10.2% of sales, compared to EUR 209 million, or [...]