Reported about 10 hours ago
Philips, the Dutch medical technology company, reported a 3% rise in third-quarter sales to 4.3 billion euros, aligning with analysts' expectations, driven largely by strong performance in North America. The company's adjusted earnings before interest, tax, and amortization (EBITA) exceeded forecasts, reaching 531 million euros, while the impact of tariffs was lower than anticipated due to a recent EU-U.S. trade agreement.
Source: YAHOO