Royal Philips has released its full-year and fourth-quarter results for 2025, along with its 2026 outlook.
Philips announced that it has successfully accomplished its three-year, $2.97 billion (2.5 billion euros) productivity program, which includes $950 million (800 million euros) in productivity savings in 2025.
Group sales were $6.07 billion (5.1 billion euros) in Q4 and $21.2 billion for the full year. With 7% comparable sales growth for the quarter, comparable sales growth for the 2025 financial year was 2%.
For the fourth quarter of 2025, the company’s comparable order intake increased 7%, bolstered by growth in its Diagnosis & Treatment segment, and continued strong performance in North America.
Operations income was $642.36 million (540 million euros) for the fourth quarter and $1,694 million (1,424 million euros) in 2025.
Philips has also published its outlook for 2026, including a target of $1.78 billion (1.5 billion euros) for 2026 to 2028 productivity savings. The firm noted that its 2026 outlook includes currently known tariffs.
In addition to its fiscal results, Philips announced that the re-appointment of Roy Jakobs as president, CEO, and member of the Board of Management has been proposed.
The proposal for Jakobs’ reappointment will be submitted for approval at the company's upcoming shareholder meeting, according to Philips.
