Group sales increased to EUR 4.2 billion, with 9% comparable sales growth
Comparable order intake decreased 15%, with strong double-digit growth in the Diagnosis & Treatment businesses and a decline in the Connected Care businesses on the back of COVID-19-related 167% growth in Q2 2020
Income from continuing operations decreased to EUR 65 million due to a EUR 250 million provision related to field actions to address a component quality issue. Income from continuing operations was EUR 195 million in Q2 2020.
Adjusted EBITA increased to EUR 532 million, or 12.6% of sales, compared to EUR 390 million, or 9.8% of sales, in Q2 2020
Operating cash flow amounted to EUR 332 million, compared to EUR 446 million in Q2 2020
Koninklijke Philips N : Philips delivers Q2 sales of EUR 4 2 billion, with 9% comparable sales growth; net income amounts to EUR 153 million and Adjusted EBITA margin improves 280 basis points to 12 6%; company announces EUR
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Philips delivers Q2 sales of EUR 4 2 billion, with 9% comparable sales growth; net income amounts to EUR 153 million and Adjusted EBITA margin improves 280 basis points to 12 6%; company announces EUR 1 5 billion share buyback program | Comunicados | Edición USA
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