Philips sees lower comparable sales in first quarter

Philips sees lower comparable sales in first quarter on weak China spending
Philips forecast a mid-single-digit decline in first-quarter comparable sales on Wednesday partly due to weak China spending, after the Dutch healthcare technology company missed expectations for the final three months of last year.
Philips expects sales struggles in China to continue in 2025
Philips forecast a double-digit sales decline in China for the first half of 2025 after reporting “significant deterioration” for demand in October.
Philips tumbles 8% after sales miss expectations; Europe stocks open mixed
European markets opened in mixed territory Wednesday, with investors assessing more earnings releases and the latest U.K. inflation data.
Philips sees 1%-3% growth in 2025 comparable sales
(Reuters) -Dutch healthcare technology company Philips forecast a growth of 1% to 3% in 2025 comparable sales on Wednesday after missing market expectations for the final quarter of last year partly due to a double-digit decline in China.
Weak Chinese Consumer Weighs on Philips’ 2025 Sales Forecast
KEY TAKEAWAYS Philips projects lower sales in China as its consumer appetite remains weak. U.S.-listed shares in the Dutch conglomerate are tumbling more than 11% in premarket trading Wednesday.The Dutch maker of medical equipment and consumer electronics like electric toothbrushes projected 1%-3% 2025 year-over-year sales growth,
Philips Stock Plunges After Earnings. China Demand Was Weak.
Shares of Philips were spiraling after the Dutch maker of healthcare equipment turned in disappointing quarterly results. American depositary receipts of Philips tumbled 12% to $24.94 in premarket trading Wednesday.
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Philips stock sinks on Q4 China performance, finalizes $1.1B Respironics settlement
Philips shares took a hit today on fourth-quarter results that included potentially concerning performance in China.
Philips issues its second straight profit warning on China. The stock is hammered, again.
Philips shares fell sharply on Wednesday as the Dutch healthcare equipment maker again warned on China and again triggered a ...
Philips delivers growth, improved profitability, and strong cash flow in Q4 and 2024; continues solid execution of its three-year plan
Full Year and Q4 Group performance highlightsSales of EUR 18.0 billion in 2024, comparable sales growth 1%; EUR 5.0 billion in ...
NL Times18h
Philips suffered €698 million loss last year, mainly over $1.1 billion recall settlement
Philips ended 2024 deep in the red, suffering a loss of 698 million euros, the health tech company announced on Wednesday.
Philips: Q4 Earnings Snapshot
AMSTERDAM — AMSTERDAM — Koninklijke Philips NV (PHG) on Wednesday reported a loss of $356.3 million in its fourth quarter. The Amsterdam-based company said it had a loss of 38 cents per share.
Koninklijke Philips N.V. (PHG) Q4 2024 Earnings Call Transcript
Koninklijke Philips N.V. ( NYSE: PHG) Q4 2024 Earnings Call Transcript February 19, 2025 3:00 AM ET Leandro Mazzoni - Head of Investor Relations Roy Jakobs - Chief Executive Officer Charlotte Hanneman ...
KTEN18h
Philips losses worse than expected in 2024
Philips on Wednesday posted worse-than-expected losses in 2024, as the Dutch medical device maker bids to turn the page on a ...
This Philips pasta maker weighs, kneads and rolls the dough for you – it’s a must for my kitchen
As someone who loves pasta, I can’t believe this 2024 launch from Philips slipped under my radar. The Philips 7000 Series ...
Philips Swings to Loss on Tax Charge, China Woes
Royal Philips reported a swing to a fourth-quarter net loss on the back of a tax charge, and said comparable sales rose ...