MedTechPhilipstariff refund
Philips Recoups €186M in Tariff Refunds Amid Q2 Cost Pressures and China Market Shifts
By MedXY|Jul 29, 2026
Philips recovered €186 million in U.S. tariff refunds during Q2 2025, while grappling with cost inflation, China headwinds, and currency effects. Strong demand in North America and Europe and emerging opportunities in India were highlighted.