Infineon Reports Revenue Growth Amidst Cautious Outlook

Infineon Technologies AG concluded fiscal year 2024 with a revenue of €14.955 billion, marking an 8% decline from the previous year, yet ending the fourth quarter with a slight rise in both revenue and earnings. The last quarter's revenue reached €3.919 billion, while the segment result was €832 million with a margin of 21.2%.

The company foresees a challenging fiscal year 2025, expecting slight revenue decline due to a weak market environment and sluggish cyclical recovery. The adjusted gross margin is anticipated to hover around 40%, with segment result margins expected in the mid-to-high teens range.

Infineon's strategic focus includes investments of approximately €2.5 billion, emphasizing completion of manufacturing modules in Germany, and semiconductor production advancements in Malaysia and Austria, to bolster their position for anticipated future upturns.