Philips raises its margin outlook after US tariff reimbursement

Philips received EUR 186 million from the US government for overpaid import duties, lifting quarterly operating profit and prompting a higher 2026 margin forecast of 13.5%–14%. Second-quarter revenue rose 4% to EUR 4.4 billion. Carried forward from today’s earlier verified briefing. Why it matters: The reimbursement and stronger sales improve near-term earnings capacity at one of Europe’s largest medical-technology groups.

Source: https://www.nrc.nl/nieuws/2026/07/28/philips-heeft-leuke-meevaller-door-terugbetaling-van-amerikaanse-invoerheffingen-a4933374