Infineon expects a €16bn revenue year
The outlook for the next quarter is sales of €4 billion and a margin of 26%.
For the full FY the company expects revenue of $16.2 billion (plus or minus €300 million) for a margin of 27%.
Investments are expected to be €3 billion and free cash flow to be €1 billion.
“Infineon is performing very well. We are seeing strong growth in our businesses relating to electromobility, renewable energy generation and energy infrastructure. These are precisely the key applications we are serving in terms of the decarbonization,” says CEO Jochen Hanebeck (pictured), “although an improvement in consumer goods markets such as smartphones, PCs and home appliances is not yet visible, we are nevertheless very confident overall about Infineon’s future business performance.”
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