Philips sees lower comparable sales in first quarter

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, after the Dutch healthcare technology company missed expectations for the final three months of last year.
Philips expects sales struggles in China to continue in 2025
Philips forecast a double-digit sales decline in China for the first half of 2025 after reporting “significant deterioration” for demand in October.
Weak Chinese Consumer Weighs on Philips’ 2025 Sales Forecast
KEY TAKEAWAYS Philips projects lower sales in China as its consumer appetite remains weak. U.S.-listed shares in the Dutch conglomerate are tumbling more than 11% in premarket trading Wednesday.The Dutch maker of medical equipment and consumer electronics like electric toothbrushes projected 1%-3% 2025 year-over-year sales growth,
Philips sees 1%-3% growth in 2025 comparable sales
(Reuters) -Dutch healthcare technology company Philips forecast a growth of 1% to 3% in 2025 comparable sales on Wednesday after missing market expectations for the final quarter of last year partly due to a double-digit decline in China.
Philips Stock Plunges After Earnings. China Demand Was Weak.
Shares of Philips were spiraling after the Dutch maker of healthcare equipment turned in disappointing quarterly results. American depositary receipts of Philips tumbled 12% to $24.94 in premarket trading Wednesday.
Philips stock tumbles as firm sees losses grow on weak Chinese demand
The healthcare technology group saw its stock fall more than 11% after missing sales growth expectations. View on euronews
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