Overview
- Adjusted EPS came in at €0.36 ($0.42), above expectations, on €4.302 billion in revenue with 3% comparable sales growth.
- Adjusted EBITA reached €531 million for a 12.3% margin, supported by sales mix and cost discipline.
- Philips reported €222 million in quarterly productivity savings and is advancing a €2.5 billion three-year efficiency program, including €800 million targeted for 2025.
- The company maintained 2025 guidance for 1%–3% comparable sales growth, expects margins toward the upper end of 11.3%–11.8%, and projects EPS of $1.63–$1.93, with free cash flow of €200–€400 million reflecting prior recall-related payouts of €1.025 billion.
- CEO Roy Jakobs said supply-chain investments are helping counter China-related tariffs on U.S. operations, as shares ticked higher premarket in New York and were little changed in Amsterdam.