
“Philips Soars: Q4 and 2024 Results Show Growth, Profitability, and Strong Cash Flow as Three-Year Plan is Successfully Executed”
Philips 2024 Full Year and Q4 Performance Highlights Sales Growth and Financial Performance In 2024, Philips reported sales of EUR 18.0 billion with a comparable sales growth of 1%. In Q4 alone, the company generated EUR 5.0 billion in sales with comparable growth also at 1%, despite a double-digit decline in China. Additionally, comparable order…