US Stock Market Move | Royal Philips N.V. Sponsored ADR (PHG.US) rises 3% in Q3, adjusted EBITA exceeds expectations.

On Tuesday, Koninklijke Philips N.V. Sponsored ADR (PHG.US) rose by 3% to $28.05. The financial report showed that Koninklijke Philips N.V. Sponsored ADRQ3 sales decreased by 2% year-on-year to 4.302 billion euros, in line with market expectations; comparable sales increased by 3%, with comparable sales in North America growing by 5%. Adjusted EBITA was 531 million euros, better than the market's expectation of 484 million euros. Adjusted earnings per share were 0.36 euros. Koninklijke Philips N.V. Sponsored ADR reiterated its full-year guidance for 2025, expecting comparable sales to increase by 1%-3% for the full year, with an expected adjusted EBITA profit margin of 11.3%-11.8%.