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BRIEF-Koninklijke Philips ‍reiterates its targets for 2017 - 2020 period​
November 2, 2017 / 10:07 AM / 22 days ago

BRIEF-Koninklijke Philips ‍reiterates its targets for 2017 - 2020 period​

Nov 2 (Reuters) - KONINKLIJKE PHILIPS NV:

* ‍REITERATES ITS TARGETS OF 4% - 6% COMPARABLE SALES GROWTH FOR 2017 - 2020 PERIOD​

* ‍REITERATES ITS TARGETS OF ADJUSTED EBITA MARGIN IMPROVEMENT OF 100 BASIS POINTS ON AVERAGE ANNUALLY FOR 2017 - 2020 PERIOD​

* ‍EXPECTS GENERATE APPROXIMATELY EUR 1 BILLION - EUR 1.5 BILLION OF FREE CASH FLOW ANNUALLY ​

* ‍EXPECTS IMPROVEMENT OF RETURN ON INVESTED CAPITAL (ROIC) TO MID-TO-HIGH TEENS BY 2020​ Source text: philips.to/2zpKPdw Further company coverage: (Gdynia Newsroom)

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