Philips reports 3% rise in quarterly sales
Philips reports 3% rise in quarterly sales
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Philips reports 3% rise in quarterly sales

🕒︎ 2025-11-04

Copyright channelnewsasia

Philips reports 3% rise in quarterly sales

Dutch medical technology company Philips reported third-quarter revenue in line with analysts' expectations un Tuesday, citing a strong performance in North America. The company posted a 3 per cent rise in sales to 4.3 billion euros ($5.0 billion), matching analysts' average estimate in a company-compiled poll. Philips, which makes the biggest share of its revenue in the United States, flagged last quarter that tariffs would have a lower impact than expected following a trade agreement between the EU and United States. Its adjusted earnings before interest, tax and amortisation (EBITA) came in at 531 million euros, surpassing the 484 million expected by analysts. ($1 = 0.8575 euros)

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