Philips Q3 Sales Reach €4.4 Billion, Comparable Sales Up 3% Year on Year

On November 3, Philips released its third-quarter 2026 results. Group sales were €4.4 billion, with comparable sales up 3% year on year; operating profit was €165 million. The adjusted EBITA margin rose 0.7 percentage points year on year to 13%, and order intake grew 8% year on year. Operating cash flow was €544 million, and free cash flow was €384 million. Philips reaffirmed its full-year 2026 guidance, expecting comparable sales growth of 3% to 4.5%, an adjusted EBITA margin of 13.5% to 14%, and free cash flow of €1.5 billion to €1.7 billion.