PHG Stock Recent News

CHICAGO, Aug. 12, 2025 (GLOBE NEWSWIRE) -- Idlespace Technology, under the brand license agreement in North America, today announced its participation in the Ace Hardware Fall Convention 2025, taking place August 12–14 at McCormick Place in Chicago.

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PHG's second-quarter 2025 earnings and revenues decline year over year, with macro headwinds and tariffs weighing on the stock.

For any countries that have yet to agree a deal, new tariff rates are due to come into effect on Friday, Aug. 1—though such deadlines have proved to be flexible in the past.

Koninklijke Philips N.V. (NYSE:PHG ) Q2 2025 Earnings Conference Call July 29, 2025 3:00 AM ET Company Participants Charlotte Hanneman - Executive VP, CFO & Member of Board of Management Durga Doraisamy - Corporate Participant Roy Jakobs - President, CEO & Chairman of the Board of Management Conference Call Participants David James Adlington - JPMorgan Chase & Co, Research Division Edward Nicholas Ridley-Day - Redburn (Europe) Limited, Research Division Graham Doyle - UBS Investment Bank, Research Division Hassan Al-Wakeel - Barclays Bank PLC, Research Division Hugo Solvet - BNP Paribas Exane, Research Division Julien Dormois - Jefferies LLC, Research Division Richard Felton - Goldman Sachs Group, Inc., Research Division Veronika Dubajova - Citigroup Inc., Research Division Operator Welcome to the Philips' Second Quarter and Semiannual 2025 Results Conference Call on Tuesday, July 29, 2025.

Shares of health device maker Phillips rallied as much as 14% on Tuesday as the company lifted its earnings guidance despite a hefty hit from tariffs.

July 29, 2025 Long-term multiyear agreements will see Philips installing its advanced Azurion image-guided therapy systems nationwide across all provinces, including rural and remote areas Initiative brings minimally invasive care to millions of cardiac, stroke and cancer patients in Indonesia Combines cutting-edge treatment technology, services and training to strengthen Indonesia's health infrastructure Amsterdam, the Netherlands and Jakarta, Indonesia – In a major step toward transforming healthcare delivery, Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology and the Indonesia's Ministry of Health today announced plans to deploy state-of-the-art image-guided therapy systems nationwide, as part of their signed agreements, under the Strengthening Indonesia's Healthcare Referral Network (SIHREN) project. The landmark agreements, recently awarded to Philips after an international, competitive bidding process, combine cutting-edge treatment technology, services

Dutch healthcare technology company Philips said it expects an impact of 150-200 million euros ($173-232 million) from import tariffs after the U.S. and the European Union agreedto the United States imposing a 15% rate on most EU goods.

July 29, 2025 Q2 2025 Group Highlights Comparable order intake growth 6% Group sales EUR 4.3 billion, reflecting 1% increase in comparable sales Income from operations EUR 400 million Adjusted EBITA margin increased 130 bps to 12.4% of sales Free cash flow increased to EUR 230 million Philips increases full year 2025 outlook for Adjusted EBITA margin and free cash flow; reiterates comparable sales growth outlook Roy Jakobs, CEO of Royal Philips: “We are focused on driving profitable growth and delivering better care for more people. We built order intake growth momentum, supported by our recently launched AI-powered innovations.

Phillips 66 Chairman and CEO Mark Lashier said Friday that the company delivered strong second-quarter results across segments with cost per barrel at its lowest since 2021.