Philips topped Q1 profit estimates with €0.25 EPS, cut its 2025 margin outlook due to tariffs, and reported €1.09 billion cash outflow tied to U.S. settlements.
Ukraine is recognized as a country with significant mineral wealth, including a variety of rare earth elements (REEs) and other critical minerals. These resources have drawn global attention, particularly amid the ongoing war with Russia, rising geopolitical tensions, and the push for secure supply chains outside of China, which dominates
Koninklijke Philips NV (PHG) is a diversified global healthcare company. Philip’s price grew about 32% in the past year from $19.34 to $25.48 as of Tuesday’s market close.
Philips Q4 earnings missed estimates as sales hit €5.04 billion. The company raised its 2023-2025 savings target to €2.5 billion and expects 2025 sales growth of 1%-3%.
Philips recalls 90,905 ventilators globally due to software malfunctions affecting patient safety. The FDA warns of serious injury or death if devices are not corrected swiftly.
