Philips reports 186 million euro US customs duty refund

Philips secured a 186 million euro refund on US customs duties following a Supreme Court ruling that invalidated portions of the Trump administration's trade policy. This windfall contributed to a net profit increase to 386 million euros for Q2 2026, compared to 240 million in the same period of 2025. The refund highlights the financial impact of the judicial reversal of recent US protectionist trade measures.