Philips Q2 Sales Rise 4% as It Raises Full-Year Margin and Cash Flow Guidance
2026-07-28 02:22:15
Philips reported second-quarter 2026 sales of 4.4 billion euros, up 4% on a comparable basis, and operating profit of 609 million euros, helped by a refund of U.S. tariffs. Adjusted EBITA margin rose to 16.4%, while free cash flow reached 222 million euros, according to Jiemian News. The company reiterated its full-year sales growth outlook and raised its adjusted EBITA margin guidance to 13.5%-14.0% from 12.5%-13.0%. It also increased its free cash flow forecast to 1.5 billion-1.7 billion euros.
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