Dutch health-tech group Philips' sales, margins beat estimates on order growth
Dutch healthcare technology group Philips reported first-quarter revenues and margins above market expectations on ​Wednesday, sending its shares up over 5% in early trade, as strong ‌order intake growth and productivity measures offset the impact of the Iran war and U.S. tariffs.
Philips will press on with cost management, including through more aggressive use of artificial intelligence, and adjust ​pricing to compensate for the inflationary impact of tensions in the Middle ​East, CEO Roy Jakobs said in a post-earnings media ... [1573 chars]
Published by: Reuters
Read full article here: https://www.reuters.com/business/healthcare-pharmaceuticals/dutch-health-tech-group-philips-sales-margins-beat-estimates-order-growth-2026-05-06/
