Our economic performance

In 2007 we continued to advance well in our drive to become a truly market-focused, people-centric company that is geared to creating value through sustained profitable growth. Operationally, we delivered once again on our Group targets, with 5% comparable sales growth and an EBITA margin of 7.7%, thanks to good execution, a strong innovation pipeline and a balanced portfolio that proved its robustness in a weakening economic environment.

Economic stakeholders

Stakeholders who have a direct economic interest in our company’s performance include customers, suppliers and employees.

Brand value

Philips’ brand value increased 15% in 2007 as reported by Interbrand. The Philips brand was ranked the 42nd most valuable global brand, up from 48th in 2006.

Research and development

Strong performance in innovation is critical for Philips to maintain and increase its market competitiveness. Through substantial investments in research & development (R&D), Philips has created a vast knowledge base.