Philips lowers its profit margin expectations for 2025, estimating that Trump's tariffs will have an impact of 250-300 million euros.
Dutch medical equipment giant Philips reduced its profit margin forecast for 2025 on Tuesday, citing an expected net impact of $250-300 million euros from US tariffs on its performance. The company currently expects the adjusted EBITA margin for 2025 to be between 10.8% and 11.3%, lower than the previous forecast of 11.8% to 12.3%.
Latest
1 h ago