Koninklijke Philips NV

PHIA: XAMS (NLD)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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Philips Earnings: Demand Deteriorates in China, We See an Improvement Elsewhere

Philips dialed down its full-year outlook on deteriorating China demand. Shares are down materially as investors see uncertainty in China extending beyond 2024.

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