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Lower Demand In China Disrupts Philips Q1 Sales, Cuts 2025 Profitability Target On Potential Tariff Impact
Summary
Philips topped Q1 profit estimates with €0.25 EPS, cut its 2025 margin outlook due to tariffs, and reported €1.09 billion cash outflow tied to U.S. settlements.
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Read Full ArticleArticle published on May 6, 2025 by benzinga