Philips lighting fourth quarter and full year results 2016 _ nachricht _ finanzen. net
Eindhoven, the Netherlands – Philips Lighting (Euronext Amsterdam: LIGHT) today announced the company’s fourth quarter and full year results 2016. Usa today sports scores “In 2016, our businesses performed in accordance with their strategic objectives, despite challenging conditions in some markets. Usd inr forward rates We are pleased with the significant increase in profitability and solid free cash flow in our first year as a standalone company. Uk us exchange rate These results mark a continued progression to achieve our strategic goals and medium term financial objectives,” said CEO Eric Rondolat.
Xag usd “Our team remains focused on the opportunities ahead and is committed to meeting the needs of our customers through innovation, while executing concrete actions to continue improving our growth profile.”
In 2017, we expect further improvement in our Adjusted EBITA margin by approximately 50-100 basis points, in line with our medium term outlook to gradually improve the Adjusted EBITA margin to 11-13%. Us dollar rate today in indian rupees We also remain committed to delivering solid free cash flow. Dollar pound exchange rate history While we are cautious given global economic uncertainty, we remain committed to our ambition to return to positive comparable sales growth in the course of this year. Binary algorithm 2016 dividend proposal and capital return to shareholders
We propose a dividend of EUR 1.10 per share in cash, which represents a pay-out ratio of 52% of continuing net income. Usd inr live The dividend payment is subject to approval by the Annual General Meeting of Shareholders (AGM) to be held on 9 May 2017. Nz to usd Further details will be given in the agenda for the AGM.
Given our capital position whilst maintaining a compatible investment-grade profile, and in line with our capital allocation policy, we will return additional capital to our shareholders. Funny jokes tagalog Over the period 2017-2018, we will return up to EUR 300 million, by participating in share disposals by our main shareholder.
Eric Rondolat (CEO) and Stéphane Rougeot (CFO) will host a conference call for investors and analysts at 9:00 a.m. Understanding futures markets kolb pdf CET to discuss full year and fourth quarter results.
Philips Lighting (Euronext Amsterdam ticker: LIGHT), a global leader in lighting products, systems and services, delivers innovations that unlock business value, providing rich user experiences that help improve lives. Convert currency Serving professional and consumer markets, we lead the industry in leveraging the Internet of Things to transform homes, buildings and urban spaces. Free language translator download With 2016 sales of EUR 7.1 billion, we have approximately 34,000 employees in over 70 countries. Chicago futures market News from Philips Lighting is located at http://www.newsroom.lighting.philips.com
This document and the related oral presentation contain, and responses to questions following the presentation may contain, forward-looking statements that reflect the intentions, beliefs or current expectations and projections of Philips Lighting N.V. 1 usd to danish krone (the ” Company”, and together with its subsidiaries, the ” Group”), including statements regarding strategy, estimates of sales growth and future operational results.
By their nature, these statements involve risks and uncertainties facing the Company and its Group Companies and a number of important factors could cause actual results or outcomes to differ materially from those expressed in any forward-looking statement as a result of risks and uncertainties. Cdn to usd conversion Such risks, uncertainties and other important factors include but are not limited to: adverse economic and political developments, the impacts of rapid technological change, competition in the general lighting market, development of lighting systems and services, successful implementation of business transformation programs, impact of acquisitions and other transactions, impact of the Group’s operation as a separate publicly listed company, pension liabilities and costs, establishment of corporate and brand identity, adverse tax consequences from the separation from Royal Philips and exposure to international tax laws. The financial futures market Please see “Risk Factors” in the Group’s prospectus, dated 16 May 2016 (the ” Prospectus”) for discussion of material risks, uncertainties and other important factors which may have a material adverse effect on the business, results of operations, financial condition and prospects of the Group. Commodity futures intraday market price quotes Such risks, uncertainties and other important factors should be read in conjunction with the information included in the Company’s semi-annual report for the first six months ended 30 June 2016.
Additional risks currently not known to the Group or that the Group has not considered material as of the date of this document could also prove to be important and may have a material adverse effect on the business, results of operations, financial condition and prospects of the Group or could cause the forward-looking events discussed in this document not to occur. Euro usd fx The Group undertakes no duty to and will not necessarily update any of the forward-looking statements in light of new information or future events, except to the extent required by applicable law.
All references to market share, market data, industry statistics and industry forecasts in this document consist of estimates compiled by industry professionals, competitors, organizations or analysts, of publicly available information or of the Group’s own assessment of its sales and markets. Market data live futures quotes Rankings are based on sales unless otherwise stated.
Certain parts of this document contain non-IFRS financial measures and ratios, such as comparable sales growth, adjusted gross margin, EBITA, adjusted EBITA, EBITDA, adjusted EBITDA and free cash flow, and other related ratios, which are not recognized measures of financial performance or liquidity under IFRS. Dollar to inr rate today The non-IFRS financial measures presented are measures used by management to monitor the underlying performance of the Group’s business and operations and, accordingly, they have not been audited or reviewed. Dow stock futures cnn Not all companies calculate non-IFRS financial measures in the same manner or on a consistent basis and these measures and ratios may not be comparable to measures used by other companies under the same or similar names. The boxer rebellion A reconciliation of these non-IFRS financial measures to the most directly comparable IFRS financial measures is contained in this document. Usd to cny exchange rate For further information on non-IFRS financial measures, see “Operating and Financial Review-Non-IFRS Financial Measures” in the Prospectus.
All amounts are in millions of euros unless otherwise stated. Silver chart 5 year All reported data is unaudited. European stock market futures Unless otherwise indicated, financial information has been prepared in accordance with the accounting policies as stated in the Combined Financial Statements for the year ended 31 December 2015 included in the Prospectus.