Philips Q2 2026 adjusted EBITA margin rises 400 bps to 16.4%; sales increase 4% to EUR 4.36 billion

• Koninklijke Philips posted Q2 2026 operating income of EUR 252 million, up 11.5%, as sales rose 4% to EUR 4.36 billion.
• Adjusted EBITA climbed to EUR 717 million; the adjusted EBITA margin widened 4 percentage points to 16.4%, including a ~420-bp US tariff refund benefit.
• Excluding the US tariff refund benefit, the adjusted EBITA margin slipped 0.2 percentage point to 12.2% on higher tariffs and cost inflation.
• Productivity initiatives delivered EUR 132 million of savings in the quarter, taking year-to-date savings to EUR 258 million.
• Philips kept its 2026 comparable sales growth outlook at 3%-4.5%, raising adjusted EBITA margin guidance to 13.5%-14.0% and free cash flow to EUR 1.5-1.7 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Royal Philips NV published the original content used to generate this news brief on July 27, 2026, and is solely responsible for the information contained therein.