Philips Investor Relations
Head of Investor Relations
Replay available
Koninklijke Philips N.V. NY Registry Shares (PHG) Q2 2026 Earnings Call
Koninklijke Philips N.V. NY Registry Shares (NYSE: PHG) Q2 2026 earnings conference call, held 2026-07-28. Replay captured from the company's public earnings webcast.
Hosted by
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Roy Jakobs
CEO
Charlotte Hanneman
CFO
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Investor webinar replay
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Replay transcript excerpt
WEBVTT 00:00:00.051 -- 00:00:05.432 Good morning everyone. I'm here with our CEO, Roy Jakobs, and our CFO, 00:00:05.432 -- 00:00:10.554 Charlotte Hanneman. Before we begin, I would like to acknowledge that due to 00:00:10.554 -- 00:00:15.795 an administrative error, Philips' second quarter 2026 results 00:00:15.795 -- 00:00:21.337 were inadvertently published last evening ahead of our scheduled release. 00:00:21.337 -- 00:00:26.238 As a result, we brought this webcast forward by two hours. 00:00:26.238 -- 00:00:31.444 We apologize for any inconvenience this may have caused and thank you for joining 00:00:31.444 -- 00:00:34.246 us on short notice. 00:00:34.246 -- 00:00:37.568 Our results press release and presentation 00:00:37.568 -- 00:00:41.311 are available on our investor relations website. 00:00:41.311 -- 00:00:47.036 The replay and full transcript of this webcast will be available on our website 00:00:47.036 -- 00:00:49.277 after this call concludes. 00:00:49.277 -- 00:00:55.502 I want to draw your attention to our safe harbor statement on the screen and in the presentation. 00:00:55.502 -- 00:00:58.703 I will now hand over to Roy. 00:00:58.944 -- 00:01:02.459 Good morning, everyone. Thank you for joining us. 00:01:02.459 -- 00:01:07.500 I will start with an overview of our Q2 results and outlook for the balance of 00:01:07.500 -- 00:01:09.620 the year. 00:01:09.741 -- 00:01:15.582 We delivered in line with our expectations in a dynamic external environment. 00:01:15.582 -- 00:01:18.643 We grew comparable sales by 4%, 00:01:18.643 -- 00:01:21.824 driven by growth across all segments. 00:01:21.824 -- 00:01:25.584 Adjusted EBITDA margin increased to 16.4%, 00:01:25.665 -- 00:01:30.750 including a tariff refund benefit, which Charlotte will discuss in detail. 00:01...