BSS
  10 Feb 2026, 12:39

Dutch electronics giant Philips posts first annual profit since 2021

THE HAGUE, Feb 10, 2026 (BSS/AFP) - Dutch electronics and medical device manufacturer Philips said Tuesday it had bounced back into the black in 2025, as it seeks to turn the page on a scandal over faulty sleep apnoea machines.

Philips posted a profit of 897 million euros last year, after three straight years of losses.

"We strengthened our company while navigating a dynamic macro environment. We ended the year with strong, robust margin expansion despite tariffs," chief executive Roy Jakobs said in a statement.

The profit came in above the consensus forecast of analysts polled by the company of 775 million euros.

Once famous for making lightbulbs and televisions among other products, Amsterdam-based Philips in recent years has sold off subsidiaries to focus on medical care technology.

It posted overall sales of 17.8 billion euros in 2025, compared to the 18.0 billion euros it banked in 2024.

Analysts' consensus forecast was for sales of 17.7 billion euros.