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, €2.5 billion productivity program, which includes €800 million in productivity savings in 2025.
Group sales were €5.1 billion in Q4, and €17.8 billion for the full year. With 7% comparable sales growth for the quarter, comparable sales growth for FY 2025 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 €540 million for the fourth quarter and €1,424 million in 2025.
Philips has also published its outlook for 2026, including a target of €1.5 billion 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.
