04:22 AM EDT, 07/29/2025 (MT Newswires) -- Royal Philips (PHG) said Tuesday it continues to expect comparable sales growth of 1% to 3% for the year.

The company raised its full-year adjusted EBITA margin range to 11.3% to 11.8%, representing a 50-basis-point increase, compared with its prior guidance.

Philips also said it is on track for its three-year, 2.5 billion-euro ($2.89 billion) productivity program, including productivity savings of 800 million euros this year.

Separately, the company and Indonesia's Ministry of Health said they plan to install the company's Azurion image-guided therapy systems across the country under their long-term multiyear deals.

The move will help brings invasive care to cardiac, stroke and cancer patients.

Philips shares were up 9.7% in recent premarket activity.