Tariff Impact Weaker Than Expected, Philips (PHG.US) Raises Full-Year Profit Outlook.

According to the Zhixun Finance APP, Royal Philips, a company from the Netherlands, has slightly increased its adjusted operating profit margin expectations. The company stated that the actual impact of the trade war is not as severe as previously feared. The Dutch medical technology company currently expects its full-year adjusted operating profit margin to be in the range of 11.3% to 11.8%, a 50 basis point increase from previous expectations.