Infineon had calendar Q3/fiscal Q4 revenue of €3.919 billion for a profit of €832 million at a 21% margin.

IMG_0464-150x150.pngFor the 12 months to Sept 30th the company had revenue of €14.955 billion, down 8% y-o-y for a profit of €3.105 billion at a margin of 20.8%.

For calendar Q4/fiscal Q1, Infineon expects revenue of around €3.2 billion at a margin in the mid-teens.

Planned capex is around €2.5 billion.

 

“Infineon has managed the 2024 fiscal year well and concluded it in line with expectations,” says Jochen Hanebeck, CEO of Infineon. “Currently, there is hardly any growth momentum in our end markets except from AI, the cyclical recovery is being delayed,” says CEO Jochen Hanebeck (pictured), “the inventory correction is continuing. Short-term ordering patterns and inventory digestion are clouding visibility on demand trends beyond the next couple of quarters. We are therefore preparing for a muted business trajectory in 2025.”