Philips Q1 sales and margins exceed market expectations
Philips reported first-quarter revenues of 3.91 billion euros, beating analyst forecasts on strong demand. The group reiterated its full-year outlook for 2026.
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KONINKLIJKE PHILIPS NV reported first-quarter comparable sales rose 4% to 3.91 billion euros, exceeding analyst estimates of 3.88 billion euros. Adjusted EBITA reached 353 million euros with a 9% margin, driven by demand in the United States and Europe. The results signal a recovery in order intake as cost-management initiatives offset ongoing trade pressures from global tariffs.
