Infineon – Structural Growth Drives Excellent Start To The New Fiscal Year

By | February 2, 2017

Feb 2, 2017 | Quarterly Report

• Q1 FY 2017: Revenue €1,645 million; Segment Result €246 million; Segment Result Margin 15.0 percent; earnings per share €0.14 (basic and diluted); adjusted earnings per share €0.17 (diluted)
• Outlook for Q2 FY 2017: Quarter-on-quarter revenue increase of 5 percent, plus or minus 2 percentage points, with Segment Result Margin of 15 percent at mid-point of revenue guidance
• Outlook for FY 2017 unchanged: Based on an assumed exchange rate of US$1.10 to the euro, year-on-year revenue growth of around 6 percent, plus or minus 2 percentage points, and Segment Result Margin of 16 percent at mid-point of revenue guidance
Neu biberg, Germany, February 2, 2017- lnfineon Technologies AG today reported results for the first quarter of the 2017 fiscal year (period ended December 31, 2016).

“We had a good start into the new fiscal year>» stated Dr. Reinhard Ploss, CEO of lnfineon. “In the first quarter revenue and earnings were better than expected, driven in particular by strong demand for our components for automotive electronics and MOSFET power transistors. We expect to achieve further growth in our markets during the coming months and, based on the long-term trends, also remain optimistic about the future. We confirm our forecast for the current fiscal year: higher revenue, earnings and margin.

For the full version of this news release (incl. financial data), please download the PDF version (see downloads below)

Information Number

INFXX201702-027

Full version of this news release (incl. financial data)

Source: Infineon

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