Koninklijke Philips NV

PHIA: XAMS (NLD)
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Philips Earnings: Lower Profitability Guidance Due to Tariffs' Impact

Philips saw a 1% decline in sales in the first quarter of 2025, slightly ahead the company-compiled consensus estimates. The company maintained its full-year sales growth guidance but lowered adjusted EBITA due to phasing in US-China tariffs. The share price dipped 2% at market open on May 6.

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