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Philips Q3 Net Income Decreases, Sales Increases; 2026 Sales Growth Outlook Maintained

Philips Q3 Net Income Decreases, Sales Increases; 2026 Sales Growth Outlook Maintained

MT newswireMT newswire2026/11/03 07:47
03:47 AM EST, 11/03/2026 (MT Newswires) -- Koninklijke Philips N.V (PHG) reported Q3 net income from continuing operations Tuesday of 0.03 euros ($0.03) per diluted share, down from 0.19 euros a year earlier. Sales for the quarter ended Sept. 30 were 4.39 billion euros, up from 4.30 billion euros a year earlier. Analysts expected 4.47 billion euros. For 2026, the Dutch electronics and medical devices maker continues to expect sales growth of 3% to 4.5%. Shares of the company were flat in recent premarket activity.
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