Philips delivered a strong start to 2026 with a 6% increase in comparable order intake and a 4% rise in comparable sales, driven by growth across all segments, especially Personal Health. The company expanded its adjusted EBITA margin by 40 basis points to 9.0%, despite challenges from tariffs and cost inflation, supported by innovation and productivity gains. Philips also secured regulatory approvals for AI-powered health technologies and strengthened strategic partnerships. The company reiterated its full-year 2026 outlook, expecting 3%-4.5% sales growth, a 12.5%-13.0% adjusted EBITA margin, and free cash flow between EUR 1.3-1.5 billion.
Cortea secured €12 million in funding led by Dawn Capital to develop AI-powered Audit Quality Agents that review audit reports and financial statements, identifying errors and inconsistencies before sign-off. These tools help audit firms improve qual...
Cortea secured €12 million in seed funding led by Dawn Capital to develop AI tools that enhance audit quality without compromising accuracy. Their Audit Quality Agents review audit reports and financial statements to detect inconsistencies and errors...
Hong Kong Tourism Board has launched the "Hong Kong Summer Fun" campaign featuring a series of vibrant summer events including the 50th Sun Life Hong Kong International Dragon Boat Festival, Pixar Summer Fest, and a major football event with top Euro...
Hong Kong Tourism Board has launched the "Hong Kong Summer Fun" campaign, featuring festivals, family attractions, sports events, and exclusive summer deals valid until August 31. Highlights include the 50th Sun Life Hong Kong International Dragon Bo...
XTransfer has been recognized for the second consecutive year in FXC Intelligence’s 2026 Top 100 Cross-Border Payments Companies list, highlighting its role in advancing global B2B payment solutions. The company, serving over 890,000 enterprises in 2...
