Philips delivers EUR 17.8 B 2025 sales, 12.3% EBITA margin, outlines 2026-2028 targets
Philips generated EUR 17.8 billion in 2025 sales with 2% comparable growth, Q4 sales of EUR 5.1 billion up 7% and adjusted EBITA margin of 12.3%, and unveiled 2026-2028 targets for mid-single-digit sales CAGR and mid-teens EBITA margin. The board proposed CEO Roy Jakobs’s reappointment ahead of the May 8, 2026 AGM.
1. Full-Year 2025 Results
Philips reported group sales of EUR 17.8 billion in 2025, achieving 2% comparable sales growth driven by robust order intake. Income from operations reached EUR 1,424 million and adjusted EBITA margin improved by 80 basis points to 12.3%.
2. Q4 Highlights
In Q4 2025, sales rose 7% to EUR 5.1 billion, supported by 7% order intake growth. Adjusted EBITA margin expanded 160 basis points to 15.1%, and free cash flow reached EUR 1,200 million, reflecting strong productivity savings and innovation-driven gross margins.
3. 2026-2028 Financial Targets
The company set mid-single-digit comparable sales CAGR and aims to deliver a mid-teens adjusted EBITA margin by 2028. Strategic priorities include segment-specific growth strategies, accelerated innovation and disciplined execution under new 2030 Impact Ambitions.
4. CEO Reappointment
The board proposed reappointing Roy Jakobs as CEO at the May 8, 2026 AGM, citing delivery of EUR 2.5 billion productivity savings, resolution of recall-related issues and strengthened financial and operational resilience under his leadership.