The year started well for Philips. The healthcare company Philips reports \u20ac3.9 billion sales for the first quarter of 2018, with 5% comparable sales growth; net income from continuing operations amounts \u20ac94 million, and Adjusted EBITA margin increased 130 basis points to 8.7%. The operating cash inflow totaled EUR 92 million.<\/p>\n
\u201cWhile there is more work to be done, 2018 started well, with 10% comparable order intake growth, 5% comparable sales growth”, says CEO Frits van Houten. “Good traction of new products and solutions introduced last year contributed to 9% comparable sales growth in the Diagnosis & Treatment businesses. Across our markets, we continue to see strong customer interest in our innovations, as demonstrated by the mid-teens order intake growth in the Diagnosis & Treatment businesses. In the quarter, we continued to make good progress with our productivity programs and took action to further reduce our interest expenses.”<\/p>\n
“Looking ahead, we reiterate our targets for the 2017\u20132020 period of 4-6% comparable sales growth and an average annual 100 basis points improvement in Adjusted EBITA margin.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
The year started well for Philips. The healthcare company Philips reports \u20ac3.9 billion sales for the first quarter of 2018, with 5% comparable sales growth; net income from continuing operations amounts \u20ac94 million, and Adjusted EBITA margin increased 130 basis points to 8.7%. The operating cash inflow totaled EUR 92 million. \u201cWhile there is more […]<\/p>\n","protected":false},"author":1568,"featured_media":118628,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"advgb_blocks_editor_width":"","advgb_blocks_columns_visual_guide":"","footnotes":""},"categories":[42],"tags":[84,2521,23423],"location":[],"article_type":[],"serie":[],"archives":[],"internal_archives":[],"reboot-archive":[],"class_list":["post-137752","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sustainability-nl","tag-philips","tag-philips-en","tag-q1"],"blocksy_meta":[],"acf":{"subtitle":"","text_display_homepage":false},"author_meta":{"display_name":"Bart Brouwers","author_link":"https:\/\/ioplus.nl\/archive\/author\/brewbart\/"},"featured_img":null,"coauthors":[],"tax_additional":{"categories":{"linked":["Sustainability<\/a>"],"unlinked":["Sustainability<\/span>"]},"tags":{"linked":["Philips<\/a>","Philips<\/a>","Q1<\/a>"],"unlinked":["Philips<\/span>","Philips<\/span>","Q1<\/span>"]}},"comment_count":"0","relative_dates":{"created":"Posted 8 years ago","modified":"Updated 8 years ago"},"absolute_dates":{"created":"Posted on April 23, 2018","modified":"Updated on April 23, 2018"},"absolute_dates_time":{"created":"Posted on April 23, 2018 8:51 am","modified":"Updated on April 23, 2018 8:51 am"},"featured_img_caption":"","series_order":"","_links":{"self":[{"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/posts\/137752","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/users\/1568"}],"replies":[{"embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/comments?post=137752"}],"version-history":[{"count":0,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/posts\/137752\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/media?parent=137752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/categories?post=137752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/tags?post=137752"},{"taxonomy":"location","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/location?post=137752"},{"taxonomy":"article_type","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/article_type?post=137752"},{"taxonomy":"serie","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/serie?post=137752"},{"taxonomy":"archives","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/archives?post=137752"},{"taxonomy":"internal_archives","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/internal_archives?post=137752"},{"taxonomy":"reboot-archive","embeddable":true,"href":"https:\/\/ioplus.nl\/archive\/wp-json\/wp\/v2\/reboot-archive?post=137752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}