Royal Philips Q3 Earnings Boost Amid Mixed Signals

3 months ago

Louise Moon

"Royal Philips' shares rose this morning on the back of their third quarter results, with strong orders due to what they're saying is strong demand in America. They've had a bumpy ride recently with FDA warnings in the US over some of their sites not meeting standards and safety concerns over sleep apnea devices, and uncertainty continuing around tariffs, though the demand in America is reassuring investors."

Royal Philips reported encouraging Q3 results driven by robust demand in America, which helped lift its shares despite recent challenges including FDA warnings, safety concerns, and tariff uncertainties.

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