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Philips Q1 Adjusted Earnings Flat, Sales Fall
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Philips Q1 Adjusted Earnings Flat, Sales Fall
May 26, 2025 1:44 AM

04:12 AM EDT, 05/06/2025 (MT Newswires) -- Philips (PHG) reported Tuesday Q1 adjusted earnings of 0.25 euros ($0.28) per diluted share, unchanged from a year earlier.

Analysts polled by FactSet expected 0.18 euros per share.

Sales for the quarter ended March 31 were 4.1 billion euros, down from 4.14 billion euros a year earlier.

Analysts polled by FactSet expected 3.84 billion euros.

The company maintained its 2025 comparable sales growth guidance of 1% to 3%.

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