Philips year-end net income up 25% since 2016: 4 things to know

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Amsterdam-based Royal Philips released its full-year earnings results for 2017 on Jan. 30.

Here are four things to know about the company's performance.

1. Philips posted €17.78 billion (an estimated $21.84 billion) in sales for full-year 2017, up 2 percent from €17.42 billion (an estimated $21.4 billion) in 2016.

2. The company reported sales for its connected care and health informatics business segment remained constant at €3.16 billion (an estimated $3.88 billion) in 2017, the same value as last year.

3. Philips reported €1.52 billion (an estimated $1.87 billion) in income from operations during 2017, up 4 percent from €1.46 billion (an estimated $1.79 billion) last year.

4. The company posted net income of €1.87 billion (an estimated $2.3 billion), up 25 percent from €1.49 billion (an estimated $1.83 billion) one year prior.

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