Philips' First Quarter Fiscal 2025 Sales Overview

Philips N.V. announced on Tuesday that its sales for the first quarter of fiscal 2025 reached €4.1 billion, marking a 2% decrease compared to the same period last year. Despite the decline, the company's performance surpassed analysts' projections, indicating resilience in a challenging market.

More details on Philips' strategic adjustments and future outlook are expected to follow in the upcoming reports.