Royal Philips Q3 Adjusted Income Increases, Sales Fall

MT Newswires Live
11/04

Royal Philips (PHG) reported Q3 adjusted income from continuing operations Tuesday of 0.36 euro ($0.41) per diluted share, up from 0.32 euro a year earlier.

Analysts polled by FactSet expected 0.34 euro.

Sales for the quarter ended Sept. 30 were 4.30 billion euros, compared with 4.38 billion euros a year earlier.

A single analyst polled by FactSet expected 4.30 billion euros.

The company said it continues to expect 2025 comparable sales growth of 1% to 3%.

Royal Philips shares were up 1.1% in recent premarket activity.

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