Tag:

Philips

Philips sees strong profit growth in first quarter

Philips reported that its first-quarter profits doubled year on year, while maintaining its sales outlook as the company continues efforts to move beyond a long-running scandal involving defective sleep apnea devices.

06 May 2026-09:54
Philips lowers 2026 sales growth outlook

Dutch health technology company Philips has lowered its sales growth forecast for 2026, citing ongoing economic pressures and rising costs linked to U.S. tariffs.

10 Feb 2026-10:25
Philips shares drop over 7% after management lowers growth outlook

Shares of Dutch health technology company Philips (PHG.AS) fell more than 7% on Thursday, marking their biggest decline in nearly 10 months, following comments from CEO Roy Jakobs at Citi’s Global Healthcare Conference.

04 Dec 2025-14:14
Philips cuts annual profit estimates as trade war clouds outlook

06 May 2025-11:22