06:00 AM EDT, 07/29/2025 (MT Newswires) -- (Updates with Q2 financial results and analysts' estimates in the headline and the first four paragraphs.)

Royal Philips (PHG) reported Q2 adjusted income Tuesday of 0.36 euros ($0.42) per diluted share, up from 0.30 euros a year earlier.

Analysts polled by FactSet expected 0.31 euros.

Revenue for the quarter ended June 30 was 4.34 billion euros, down from 4.46 billion euros a year earlier.

Analysts surveyed by FactSet expected 4.34 billion euros.

The company said it continues to expect comparable sales growth of 1% to 3%, "with sequential improvement as the year progresses." It, however, raised its full-year adjusted EBITA margin range to 11.3% to 11.8%, representing a 50-basis-point increase from its prior guidance.

Philips is on track to deliver on its three-year, 2.5 billion-euro productivity program, including productivity savings of 800 million euros this year, it said.

In a separate statement also released early Tuesday, Philips and Indonesia's Ministry of Health unveiled a plan to install the company's Azurion image-guided therapy systems across the Asian nation under a multi-year deal. The move will help bring invasive care to cardiac, stroke, and cancer patients.

The US-listed shares of Philips were up over 9% in recent premarket activity Tuesday.

Price: 28.12, Change: +2.46, Percent Change: +9.59