Infineon remains firmly on course: Revenue and Segment Result Margin for third quarter at upper end of forecast range
August 01, 2018 at 01:43 am EDT
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Q3 FY 2018: Revenue € 1,941 million; Segment Result € 356 million; Segment Result Margin 18.3 percent; earnings per share € 0.24 (basic and diluted); adjusted earnings per share € 0.24 (diluted); gross margin 38.2 percent; adjusted gross margin 39.2 percent
Outlook for Q4 FY 2018: Based on an assumed exchange rate of US$ 1.20 to the euro, quarter-on-quarter revenue growth of 3 percent (plus or minus 2 percentage points) and Segment Result Margin of 19 percent at mid-point of revenue guidance. For the 2018 fiscal year as a whole, this would translate arithmetically into year-on-year revenue growth of 6.4 to 7.4 percent and a Segment Result Margin of 17.5 percent at the mid-point of revenue guidance for FY 2018
Neubiberg, Germany - 1 August 2018 - Infineon Technologies AG today is reporting results for the third quarter of its 2018 fiscal year (period ended 30 June 2018).
'Infineon continues to be on course for success. The dollar has regained some strength and is providing us with additional tailwind,' stated Dr. Reinhard Ploss, CEO of Infineon. 'The automotive business does well. Electro-mobility in particular is currently driving growth. Demand is also strong for drives used in industrial machines as well as for our solutions for home and DIY appliances, which are increasingly battery-powered. We expect demand for our products as well as for increasingly high-value integrated solutions to keep growing. As a reliable partner to our customers, we are preparing for this by investing in particular in a new 300-millimeter thin-wafer manufacturing facility for power semiconductors at the Villach site.'
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Infineon Technologies AG published this content on 01 August 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 01 August 2018 05:42:04 UTC
Infineon Technologies AG is one of the world's leading manufacturers of semiconductors. The group's products include power semiconductors, sensors, microcontrollers, digital, mixed-signal and analog ICs, discrete semiconductor modules, switches, interface ICs, motor-controlling ICs, RF power transistors, voltage regulators, and electronic safety components. Net sales break down by area of activity as follows:
- automotive (50.5%): semiconductor products used in the automotive industry, and memory products for specific applications for automotive, industrial, information technologies, telecommunications and consumer electronics.
- power & sensor systems (23.3%): semiconductors for energy-efficient power supplies, mobile devices, mobile phone network infrastructures, human-machine interaction as well as applications with special demands on their robustness and reliability.
- industrial power control (13.5%): semiconductor products for the conversion of electrical energy for small, medium and high-power applications, used in the manufacturing, the low-loss transmission, the storage and the efficient use of electrical energy;
- connected secure systems (12.6%): semiconductors for networked devices, card-based applications, and government documents; microcontrollers for industrial, entertainment, and household applications, components for connectivity systems, various customer support systems;
- other (0.1%).
Net sales are distributed geographically as follows: Germany (12.4%), Europe/Middle East/Africa (14.4%), China/Hong Kong/Taiwan (32.3%), Japan (10.5%), Asia/Pacific (15.9%), the United States (12.1%) and Americas (2.4%).