Q4 FY 2017: Revenue of €1,820 million; Segment Result €328 million; Segment Result Margin 18.0 percent; earnings per share €0.16 (basic and diluted); adjusted earnings per share €0.22 (diluted); gross margin 37.5 percent, adjusted gross margin 38.6 percent
Lower revenue in Q4 compared to Q3 FY 2017 as consequence of significantly weaker US dollar
Outlook for Q1 FY 2018: Quarter-on-quarter revenue decrease of 2 percent (plus or minus 2 percentage points) due to seasonality, and Segment Result Margin of 15 percent at mid-point of revenue guidance
Outlook for FY 2018: Based on an assumed exchange rate of US$ 1.15 to the euro (compared to an average EUR/USD exchange rate of US$ 1.11 in FY 2017), year-on-year revenue growth of about 9 percent (plus or minus 2 percentage points) and Segment Result Margin of 17 percent at mid-point of revenue guidance
Neubiberg, Germany, 14 November 2017 - Infineon Technologies AG today reported preliminary results for the fourth quarter and the 2017 fiscal year, both ended 30 September 2017.
'Infineon continues to grow. We raised the outlook for the full fiscal year in March 2017 and achieved the higher targets, despite stronger headwinds caused by the weaker US dollar,' stated Dr. Reinhard Ploss, CEO of Infineon. 'Our growth is very broadly based. Alongside electro-mobility, driver assistance systems and renewable energy, a further pillar of growth is our industrial business - including drives for increasingly automated production machinery and robotics. Demand is also strong for our highly efficient chips, by example for fast chargers for tablets. With future technologies such as silicon carbide and gallium nitride, we are paving the way for tomorrow's success. Adjusted for exchange rate effects, our growth rate in the 2018 fiscal year could even reach the double-digit mark.'
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Infineon Technologies AG published this content on 14 November 2017 and is solely responsible for the information contained herein.
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