Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Royal Philips reports Q3 2024 EBITA margin increase to 11.8%, despite flat sales due to China demand decline.

flag Royal Philips reported a significant rise in its Adjusted EBITA margin, increasing from 10.2% to 11.8% in Q3 2024. flag However, comparable sales remained flat due to a sharp decline in demand in China. flag Despite this, the company experienced growth in other regions, particularly the U.S. Philips has revised its full-year sales growth outlook to 0.5%-1.5% and anticipates free cash flow of around EUR 0.9 billion. flag The company remains committed to its three-year operational improvement plan.

30 Articles

Further Reading