Philips delivers strong order intake, comparable sales growth and margin expansion in Q1; 2026 outlook reiterated

May 6, 2026 Q1 2026 Group performance Comparable order intake growth 6% Group sales of EUR 3.9 billion, reflecting 4% increase in comparable sales Income from operations increased to EUR 241 million Adjusted EBITA margin increased 40 basis points to 9.0% Operating cash flow of EUR 188 million, with free cash flow of EUR 28 million 2026 outlook reiterated Roy Jakobs, CEO of Royal Philips: “We delivered a good start to 2026, with strong order intake growth at 6%, comparable sales growth of 4% and margin expansion of 40 basis points, reflecting disciplined execution against our plan in an uncertain macro-environment. Sales grew across segments and was led by North America and Europe.