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Philips losses intensify amid demand drop in China and recall fallout
Philips CEO Roy Jakobs expects the subdued demand in China to continue in 2025, as tariffs also cause market uncertainty.
DZ BANK AG Sticks to Its Hold Rating for Koninklijke Philips N.V. (0LNG)
In a report released today, Elmar Kraus from DZ BANK AG maintained a Hold rating on Koninklijke Philips N.V. (0LNG – Research Report). The ...
Deutsche Bank Sticks to Its Hold Rating for Koninklijke Philips N.V. (0LNG)
Deutsche Bank analyst Falko Friedrichs maintained a Hold rating on Koninklijke Philips N.V. (0LNG – Research Report) today and set a price ...
Philips targets 1-3% sales growth and 11.8-12.3% EBITA margin in 2025 amid cautious China outlook
Discover Philips' Q4 2024 earnings insights, highlighting profitability gains, innovation, and strategic growth plans amidst China's demand challenges.
Gerresheimer draws interest from Phillips-Medisize and Bain, Bloomberg News reports
German medical packaging maker Gerresheimer has garnered interest from US medical solutions company Phillips-Medisize and buyout firm Bain Capital for parts or all of Gerresheimer, Bloomberg News ...
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, ...