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Philips Medical Systems Progress Report

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The path (EBITA)<br />

15%<br />

14%<br />

13%<br />

12%<br />

11%<br />

10%<br />

9%<br />

8%<br />

Q42001<br />

3.5 margin points up in seven quarters<br />

1.7 points to go in 3 quarters<br />

Q1 2002<br />

Q2 2002<br />

Q3 2002<br />

Q4 2002<br />

Q1 2003<br />

Q2 2003<br />

Q3 2003<br />

Q4 2003<br />

Q1 2004<br />

Q2 2004<br />

Q3 2004<br />

Q4 2004<br />

<strong>Medical</strong> <strong>Systems</strong> 3

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