Philips reported Q4 and full year 2015 results with net profit at €39 million ($43.9 million), compared to a net profit of €134 million ($150 million) for the same period last year. Q4 turnover was up 8.5% YoY to €7 billion ($8 billion). For the full year 2015, net profit was reported at €659 million ($741 million) , compared to €411 million ($462 million) in 2014. Turnover was €24.2 billion ($27.23 billion), up 2% YoY.
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