Lates News

Dutch medical equipment giant Philips lowered its profit margin forecast for 2025 on Tuesday, expecting the net impact of U.S. tariffs on its performance to be between 250 million and 300 million euros (283 million to 340 million dollars). The company currently expects the adjusted Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITA) profit margin for 2025 to be between 10.8% and 11.3%, lower than the previous forecast of 11.8% to 12.3%.