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Philips Stock Drops On Weak Q2 Orders, Despite Profit Growth, Positive Outlook

Philips Stock Drops On Weak Q2 Orders, Despite Profit Growth, Positive Outlook

Shares of Koninklijke Philips N.V. Were losing around 11 percent in Amsterdam as well as in pre-market activity on the NYSE, after the Dutch consumer electronics giant reported Tuesday weak orders in its second quarter, even as profit increased significantly, mainly on US tariff refund and slightly higher net sales. Further, the firm lifted fiscal 2026 Adjusted EBITA outlook to reflect US tariff..
RTTNews | 45 منذ أيام
Philips Shares Jump As FY25 Margin Outlook Raised, Despite Weak Q2

Philips Shares Jump As FY25 Margin Outlook Raised, Despite Weak Q2

Shares of Royal Philips N.V. were surging around 10 percent in the morning trading in Amsterdam as well as in the pre-market activity on the NYSE, after the Dutch consumer electronics giant on Tuesday raised its fiscal 2025 margin outlook, benefited by lower tariff impact, and maintained fiscal 2025 comparable sales growth view. Meanwhile, the company issued weak margin outlook for its third quart
RTTNews | 409 منذ أيام