a day ago
Philips Raises Profitability Outlook on More Muted Tariff Hit
Royal Philips NV 's slightly increased its adjusted operating profitability outlook, as the impact of the trade war was not as severe as it feared.
The Dutch medical-technology firm now expects its full-year adjusted operating earnings margin to be between 11.3% and 11.8%, a 50 bps increase from the previous outlook.