Philips Reports Q3 Mixed Earnings; Issues Q4 Soft Guidance

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Philips Reports Q3 Mixed Earnings; Issues Q4 Soft Guidance

Seeking Alpha2022-10-24

Philips Q3 Non-GAAP EPS of €0.25beats by €0.16.
Revenue of €4.3B (+3.4% Y/Y)misses by €60M, with a 5% comparable sales decline, in line with the update provided on October 12, 2022.
Comparable order intake decreased 6% on the back of 47% growth in Q3 2021.
Adjusted EBITA of €209M, or 4.8% of sales, compared to €512M, or 12.3% of sales, in Q3 2021.
Operating cash flow was an outflow of €180M, compared to an inflow of €256M in Q3 2021.
The book-to-bill ratio was 1.18, and the equipment order book grew further in the quarter.
Looking ahead, the company sees prolonged operational and supply challenges, a worsening macro-economic environment and continued uncertainty related to COVID-19 measures in China, which will be partly offset by Philips’ productivity and pricing actions.
Consequently, Philips now expects a mid-single-digit comparable sales decline for the fourth quarter of 2022, with a high-single-to double-digit Adjusted EBITA margin range.

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Comment（4）

Hayleyxn
·2022-10-24
Ok
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- Hayleyxn:
  ok
  2022-10-24
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FrankieTok
·2022-10-24
Ok
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LWayne
·2022-10-24
That means stock movement no clear direction, also means, at the mercy of the market.
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- Desna10:
  expect worsening results next quarter cos they can cut 4000 headcounts means less output
  2022-10-24
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- Kinokinok:
  k
  2022-10-24
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- babiboo:
  hmm
  2022-10-24
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xiaobaii
·2022-10-24
like & comment
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3
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- xiaobaii:
  like & comment
  2022-10-24
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October 12, 2022.Comparable order ...</p>\n\n<a href=\"https://seekingalpha.com/news/3893934-philips-reports-q3-mixed-earnings-issues-q4-soft-guidance\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/news/3893934-philips-reports-q3-mixed-earnings-issues-q4-soft-guidance","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196848810","content_text":"Philips Q3 Non-GAAP EPS of €0.25beats by €0.16.Revenue of €4.3B (+3.4% Y/Y)misses by €60M, with a 5% comparable sales decline, in line with the update provided on October 12, 2022.Comparable order intake decreased 6% on the back of 47% growth in Q3 2021.Adjusted EBITA of €209M, or 4.8% of sales, compared to €512M, or 12.3% of sales, in Q3 2021.Operating cash flow was an outflow of €180M, compared to an inflow of €256M in Q3 2021.The book-to-bill ratio was 1.18, and the equipment 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPhilips Reports Q3 Mixed Earnings; Issues Q4 Soft Guidance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-24 13:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3893934-philips-reports-q3-mixed-earnings-issues-q4-soft-guidance><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Philips Q3 Non-GAAP EPS of €0.25beats by €0.16.Revenue of €4.3B (+3.4% Y/Y)misses by €60M, with a 5% comparable sales decline, in line with the update provided on October 12, 2022.Comparable order ...</p>\n\n<a href=\"https://seekingalpha.com/news/3893934-philips-reports-q3-mixed-earnings-issues-q4-soft-guidance\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/news/3893934-philips-reports-q3-mixed-earnings-issues-q4-soft-guidance","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196848810","content_text":"Philips Q3 Non-GAAP EPS of €0.25beats by €0.16.Revenue of €4.3B (+3.4% Y/Y)misses by €60M, with a 5% comparable sales decline, in line with the update provided on October 12, 2022.Comparable order intake decreased 6% on the back of 47% growth in Q3 2021.Adjusted EBITA of €209M, or 4.8% of sales, compared to €512M, or 12.3% of sales, in Q3 2021.Operating cash flow was an outflow of €180M, compared to an inflow of €256M in Q3 2021.The book-to-bill ratio was 1.18, and the equipment order book grew further in the quarter.Looking ahead, the company sees prolonged operational and supply challenges, a worsening macro-economic environment and continued uncertainty related to COVID-19 measures in China, which will be partly offset by Philips’ productivity and pricing actions.Consequently, Philips now expects a mid-single-digit comparable sales decline for the fourth quarter of 2022, with a high-single-to double-digit Adjusted EBITA margin range.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9981794908,"gmtCreate":1666592467204,"gmtModify":1676537774085,"author":{"id":"3564307384077743","authorId":"3564307384077743","name":"LWayne","avatar":"https://static.itradeup.com/news/95dd7493a26e1c3e9a33a2d16eaa037b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3564307384077743","authorIdStr":"3564307384077743"},"htmlText":"That means stock movement no clear direction, also means, at the mercy of the market.&nbsp;","listText":"That means stock movement no clear direction, also means, at the mercy of the market.&nbsp;","text":"That means stock movement no clear direction, also means, at the mercy of the market.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9981794908","repostId":1196848810,"repostType":2,"repost":{"id":"1196848810","kind":"news","pubTimestamp":1666591187,"share":"https://ttm.financial/m/news/1196848810?lang=&edition=full_marsco","pubTime":"2022-10-24 13:59","market":"us","language":"en","title":"Philips Reports Q3 Mixed Earnings; Issues Q4 Soft Guidance","url":"https://stock-news.laohu8.com/highlight/detail?id=1196848810","media":"Seeking Alpha","summary":"Philips Q3 Non-GAAP EPS of €0.25beats by €0.16.Revenue of €4.3B (+3.4% Y/Y)misses by €60M, with a 5%","content":"<html><head></head><body><ul><li>Philips Q3 Non-GAAP EPS of €0.25beats by €0.16.</li><li>Revenue of €4.3B (+3.4% Y/Y)misses by €60M, with a 5% comparable sales decline, in line with the update provided on October 12, 2022.</li><li>Comparable order intake decreased 6% on the back of 47% growth in Q3 2021.</li><li>Adjusted EBITA of €209M, or 4.8% of sales, compared to €512M, or 12.3% of sales, in Q3 2021.</li><li>Operating cash flow was an outflow of €180M, compared to an inflow of €256M in Q3 2021.</li><li>The book-to-bill ratio was 1.18, and the equipment order book grew further in the quarter.</li><li>Looking ahead, the company sees prolonged operational and supply challenges, a worsening macro-economic environment and continued uncertainty related to COVID-19 measures in China, which will be partly offset by Philips’ productivity and pricing actions.</li><li>Consequently, Philips now expects a mid-single-digit comparable sales decline for the fourth quarter of 2022, with a high-single-to double-digit Adjusted EBITA margin range.</li></ul></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Philips Reports Q3 Mixed Earnings; Issues Q4 Soft Guidance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPhilips Reports Q3 Mixed Earnings; Issues Q4 Soft Guidance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-24 13:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3893934-philips-reports-q3-mixed-earnings-issues-q4-soft-guidance><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Philips Q3 Non-GAAP EPS of €0.25beats by €0.16.Revenue of €4.3B (+3.4% Y/Y)misses by €60M, with a 5% comparable sales decline, in line with the update provided on October 12, 2022.Comparable order ...</p>\n\n<a href=\"https://seekingalpha.com/news/3893934-philips-reports-q3-mixed-earnings-issues-q4-soft-guidance\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/news/3893934-philips-reports-q3-mixed-earnings-issues-q4-soft-guidance","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196848810","content_text":"Philips Q3 Non-GAAP EPS of €0.25beats by €0.16.Revenue of €4.3B (+3.4% Y/Y)misses by €60M, with a 5% comparable sales decline, in line with the update provided on October 12, 2022.Comparable order intake decreased 6% on the back of 47% growth in Q3 2021.Adjusted EBITA of €209M, or 4.8% of sales, compared to €512M, or 12.3% of sales, in Q3 2021.Operating cash flow was an outflow of €180M, compared to an inflow of €256M in Q3 2021.The book-to-bill ratio was 1.18, and the equipment order book grew further in the quarter.Looking ahead, the company sees prolonged operational and supply challenges, a worsening macro-economic environment and continued uncertainty related to COVID-19 measures in China, which will be partly offset by Philips’ productivity and pricing actions.Consequently, Philips now expects a mid-single-digit comparable sales decline for the fourth quarter of 2022, with a high-single-to double-digit Adjusted EBITA margin range.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104487994,"gmtCreate":1666601639586,"gmtModify":1666601643201,"authorId":4093674933944970,"author":{"id":4093674933944970,"idStr":"4093674933944970","authorId":4093674933944970,"name":"Desna10","avatar":"https://community-static.tradeup.com/news/f615244498fa0ef040b2d93c1780effe","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.09.27","exceedPercentage":"93.90%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9981794908,"type":1,"supId":0,"prevId":0,"content":"expect worsening results next quarter cos they can cut 4000 headcounts means less output","text":"expect worsening results next quarter cos they can cut 4000 headcounts means less output","html":"expect worsening results next quarter cos they can cut 4000 headcounts means less output"},{"id":104487707,"gmtCreate":1666600165721,"gmtModify":1666600169036,"authorId":3580363111370038,"author":{"id":3580363111370038,"idStr":"3580363111370038","authorId":3580363111370038,"name":"Kinokinok","avatar":"https://static.tigerbbs.com/0f1aab7b42bc118820a5c63211782a7c","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9981794908,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">k</span>","text":"<span class=\"s1\">k</span>","html":"<span class=\"s1\">k</span>"},{"id":104486673,"gmtCreate":1666594902489,"gmtModify":1666594906155,"authorId":3577409082356068,"author":{"id":3577409082356068,"idStr":"3577409082356068","authorId":3577409082356068,"name":"babiboo","avatar":"https://static.tigerbbs.com/8be2f9f25874d7f974661428b042a2e7","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9981794908,"type":1,"supId":0,"prevId":0,"content":"<u>hmm</u>","text":"<u>hmm</u>","html":"<u>hmm</u>"}],"langContent":"EN"},{"id":9981799350,"gmtCreate":1666591617370,"gmtModify":1676537773827,"author":{"id":"3571345352614779","authorId":"3571345352614779","name":"xiaobaii","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3571345352614779","authorIdStr":"3571345352614779"},"htmlText":"like &amp; comment&nbsp;","listText":"like &amp; comment&nbsp;","text":"like & comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9981799350","repostId":1196848810,"repostType":4,"repost":{"id":"1196848810","kind":"news","pubTimestamp":1666591187,"share":"https://ttm.financial/m/news/1196848810?lang=&edition=full_marsco","pubTime":"2022-10-24 13:59","market":"us","language":"en","title":"Philips Reports Q3 Mixed Earnings; Issues Q4 Soft Guidance","url":"https://stock-news.laohu8.com/highlight/detail?id=1196848810","media":"Seeking Alpha","summary":"Philips Q3 Non-GAAP EPS of €0.25beats by €0.16.Revenue of €4.3B (+3.4% Y/Y)misses by €60M, with a 5%","content":"<html><head></head><body><ul><li>Philips Q3 Non-GAAP EPS of €0.25beats by €0.16.</li><li>Revenue of €4.3B (+3.4% Y/Y)misses by €60M, with a 5% comparable sales decline, in line with the update provided on October 12, 2022.</li><li>Comparable order intake decreased 6% on the back of 47% growth in Q3 2021.</li><li>Adjusted EBITA of €209M, or 4.8% of sales, compared to €512M, or 12.3% of sales, in Q3 2021.</li><li>Operating cash flow was an outflow of €180M, compared to an inflow of €256M in Q3 2021.</li><li>The book-to-bill ratio was 1.18, and the equipment order book grew further in the quarter.</li><li>Looking ahead, the company sees prolonged operational and supply challenges, a worsening macro-economic environment and continued uncertainty related to COVID-19 measures in China, which will be partly offset by Philips’ productivity and pricing actions.</li><li>Consequently, Philips now expects a mid-single-digit comparable sales decline for the fourth quarter of 2022, with a high-single-to double-digit Adjusted EBITA margin range.</li></ul></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Philips Reports Q3 Mixed Earnings; Issues Q4 Soft Guidance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPhilips Reports Q3 Mixed Earnings; Issues Q4 Soft Guidance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-24 13:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3893934-philips-reports-q3-mixed-earnings-issues-q4-soft-guidance><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Philips Q3 Non-GAAP EPS of €0.25beats by €0.16.Revenue of €4.3B (+3.4% Y/Y)misses by €60M, with a 5% comparable sales decline, in line with the update provided on October 12, 2022.Comparable order ...</p>\n\n<a href=\"https://seekingalpha.com/news/3893934-philips-reports-q3-mixed-earnings-issues-q4-soft-guidance\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/news/3893934-philips-reports-q3-mixed-earnings-issues-q4-soft-guidance","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196848810","content_text":"Philips Q3 Non-GAAP EPS of €0.25beats by €0.16.Revenue of €4.3B (+3.4% Y/Y)misses by €60M, with a 5% comparable sales decline, in line with the update provided on October 12, 2022.Comparable order intake decreased 6% on the back of 47% growth in Q3 2021.Adjusted EBITA of €209M, or 4.8% of sales, compared to €512M, or 12.3% of sales, in Q3 2021.Operating cash flow was an outflow of €180M, compared to an inflow of €256M in Q3 2021.The book-to-bill ratio was 1.18, and the equipment order book grew further in the quarter.Looking ahead, the company sees prolonged operational and supply challenges, a worsening macro-economic environment and continued uncertainty related to COVID-19 measures in China, which will be partly offset by Philips’ productivity and pricing actions.Consequently, Philips now expects a mid-single-digit comparable sales decline for the fourth quarter of 2022, with a high-single-to double-digit Adjusted EBITA margin range.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104485888,"gmtCreate":1666591624626,"gmtModify":1666591628356,"authorId":3571345352614779,"author":{"id":3571345352614779,"idStr":"3571345352614779","authorId":3571345352614779,"name":"xiaobaii","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9981799350,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">like &amp; comment<span class=\"Apple-converted-space\"> </span></span>","text":"<span class=\"s1\">like &amp; comment<span class=\"Apple-converted-space\"> </span></span>","html":"<span class=\"s1\">like &amp; comment<span class=\"Apple-converted-space\"> </span></span>"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":36,"commentSize":4,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}