International Companies

Philips cuts guidance as tariffs hit bottom line

By Benjamin Chiou

Date: Tuesday 06 May 2025

(Sharecast News) - Shares in healthtech conglomerate Philips fell on Tuesday after the Dutch firm slashed its earnings outlook for 2025 due to the fallout from the US-China trade war.
While sales growth projections remain unchanged - Philips expects a 1-3% increase in comparable sales this year - the company has...

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