Looking ahead for the fourth quarter, Philips expects a mid-single-digit comparable sales decline, with a high-single-to-double-digit Adjusted EBITA margin range. Going ahead, the company sees prolonged operational and supply challenges, a worsening macro-economic environment and continued uncertainty related to COVID-19 measures in China. Philips said its performance in the quarter was impacted by operational and supply challenges, inflationary pressures, the COVID situation in China and the Russia-Ukraine war.