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Philips cuts profit, sees $300M impact from tariffs
Philips affirmed its 2025 sales guidance but cut profit in anticipation of a $280 million to $340 million impact from tariffs, CEO Roy Jakobs said Tuesday. The new estimated profit margin for the year is between 10.8% and 11.3%, compared to previous guidance of between 11.8% and 12.3%.
Roy Jakobs, CEO of Philips, discusses the efforts the Dutch health technology firm is taking to mitigate the tariff impact ...
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Philips turns in a profit but China, tariffs weighDutch medical device maker Philips reported a net profit for the first time in three quarters Tuesday despite weak sales in ...
Healthcare giant Philips expects Donald Trump’s tariff regime to cost it up to €300 million in lost revenue in the next year.
(Reuters) -Dutch healthcare technology company Philips expects a net impact from tariffs of between 250 and 300 million euros ...
I've been using the Philips Norelco OneBlade 360 Pro and its predecessors for years now, and to this day, I still haven't ...
We’re talking about the Hue Play HDMI Sync Box 4K and the Hue Bridge, which are two absolute must-haves in any serious Hue ...
AMSTERDAM (AP) — AMSTERDAM (AP) — Koninklijke Philips NV (PHG) on Tuesday reported earnings of $79.9 million in its first quarter. The Amsterdam-based company said it had profit of 8 cents per share.
I got a chance to check it out at a preview event, and I was intrigued. (Unfortunately, I was also clean-shaven, so while I ...
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