Philips Reiterates 2026 Outlook, Raises Adjusted EBITA Margin To 13.5%-14.0% And Free Cash Flow To EUR 1.5B-1.7B On US Tariff Refund
Benzinga Newsdesk 3 months ago
NewsEarningsGuidance
Outlook Philips reiterates its full-year 2026 outlook, updated to reflect the US tariff refund benefit: • Comparable sales growth: 3%-4.5% • Adjusted EBITA margin: 13.5%-14.0%, including a US tariff refund benefit of
Outlook
Philips reiterates its full-year 2026 outlook, updated to reflect the US tariff refund benefit:
• Comparable sales growth: 3%-4.5%
• Adjusted EBITA margin: 13.5%-14.0%, including a US tariff refund benefit of approximately 1%, compared to 12.5%-13.0% previously
• Free cash flow: EUR 1.5-1.7 billion, updated to reflect the US tariff refund, compared to EUR 1.3-1.5 billion previously
Within the context of an uncertain macro-environment, Philips' 2026 outlook includes currently known tariffs. It excludes ongoing Philips Respironics-related proceedings, including the investigation by the US Department of Justice and the State Attorneys General.