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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%.
As of May 8, the Philips Series 3300 Espresso Machine is on sale at Amazon for $599.96, marked down from the usual price of ...
Roy Jakobs, CEO of Philips, discusses the efforts the Dutch health technology firm is taking to mitigate the tariff impact ...
Instead of slowing down, Walter Phillips is pushing the pedals from San Francisco to San Diego in what he calls “one more ...
Amsterdam, the Netherlands - Royal Philips (NYSE: PHG, AEX: PHIA), today announced that its shareholders approved all ...
(Reuters) -Dutch healthcare technology company Philips expects a net impact from tariffs of between 250 and 300 million euros ...
Healthcare giant Philips expects Donald Trump’s tariff regime to cost it up to €300 million in lost revenue in the next year.
I've been using the Philips Norelco OneBlade 360 Pro and its predecessors for years now, and to this day, I still haven't ...
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 ...
Q1 2025 Earnings Call Transcript May 6, 2025 Koninklijke Philips N.V. beats earnings expectations. Reported EPS is $0.27, ...
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