Philips backs FY25 comparable sales view up 1%-3%

Raises FY25 adjusted EBITA margin view to 11.3%-11.8% from 10.8%-11.3%. Sees FY25 free cash flow EUR 0.2B- EUR 0.4B. The company said, “Philips (PHG) updates its outlook, including currently announced tariff impact, which has evolved and continues to be dynamic. This outlook excludes ongoing Philips Respironics-related proceedings, including the investigation by the US Department of Justice.”