May 3, 2016:
- Q2 FY 2016: Revenue of €1,611 million; Segment Result €228 million; Segment Result Margin 14.2 percent
- Outlook for Q3 FY 2016: Quarter-on-quarter revenue increase of 2 percent (plus or minus 2 percentage points), Segment Result Margin 16 percent at mid-point of the revenue guidance
- Outlook for FY 2016: In spite of a now assumed exchange rate of US$ 1.15 to the euro, year-on-year revenue growth of around 12 percent (plus or minus 2 percentage points) and Segment Result Margin between 15 and 16 percent at mid-point of the revenue guidance
Neubiberg, Germany, May 3, 2016 – Infineon Technologies AG reported results for the second quarter of its 2016 fiscal year (period ended March 31, 2016).
“We have come through a difficult quarter quite well. Revenue and earnings were both slightly better than expected,” stated Dr. Reinhard Ploss, CEO of Infineon Technologies AG. “Infineon is performing very well in next-generation technology areas with high growth rates: electromobility, advanced driver assistance systems and renewable energy. In spite of a weaker US dollar and a rather flat semiconductor market we are going to show double-digit growth in revenues in the current fiscal year.”
