The impact of tariffs looms over, Philips (PHG.US) lowers annual profit forecast.

According to the Securities Times app, Dutch medical technology company Philips (PHG.US) released its first quarter financial report before the market on Tuesday, announcing a downward revision of its profit margin forecast for 2025. The company stated that despite taking "a large number of tariff mitigation measures," US tariffs are expected to have a net impact of 250 to 300 million euros (approximately 283 to 340 million US dollars). Data indicates that the company's first quarter sales were 4.1 billion euros, a 2% decrease year-on-year in comparable terms, but higher than the analysts' average expectation of 4.02 billion euros.