Market OpportunitiesThere is no clarity on Philips’ return to the US market, which may benefit RMD in the short term.
Promotional ActivitiesRMD expects its sponsors to ramp up promotional activity in 2H CY25, which could positively impact the business.
Valuation And GrowthUpgrade to Buy on reasonable valuation, strong EPS growth, FCF, and no debt by FY end.