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Philips: risk summary

Summaries are drawn from public sources and link to them. HSH does not give a risk rating: read the summary and sources and reach your own view. Unproven allegations are labelled as such. Suppliers can submit a response, which is shown alongside.

Financial

Latest full-year results from official filings.

FY2025 revenue €17.83bn (-1.0%); operating margin 8.0%; net income €895.0m.

Net debt €5.29bn.

Researched 8 Nov 2026

Adverse media

Credible news about incidents, disputes, legal action or restructuring in the last 24 months.

Aug 2026: ransomware group Cl0p claimed to have taken about 13.5GB of mostly technical drawings. Philips said it contained an attempted compromise of one internal server, with no customer impact.

Researched 8 Nov 2026

Cyber & information governance

Data breaches, cyber incidents, regulator action and assurance status.

Aug 2026: attempted compromise of an internal enterprise server (Cl0p claim); Philips said it was contained with no customer impact. NHS DSPT and certification status not yet checked.

Researched 8 Nov 2026

Regulatory & clinical safety

Recalls, safety notices, regulator action and clinical safety concerns.

Under a 2024 US FDA/DOJ consent decree following the June 2021 Respironics CPAP/BiPAP recall, Philips cannot sell new sleep and respiratory care devices in the US until its facilities comply. Ventilator remediation and testing were still ongoing in May 2026.

Researched 8 Nov 2026

Contract performance

Contract delivery, go-lives, terminations and disputes.

No contract terminations or disputes involving Philips found in HSH's search of the last 24 months.

Researched 8 Nov 2026