Infineon more positive on revenue outlook after Q1 stronger than expected

Infineon more positive on revenue outlook after Q1 stronger than expected


It expects revenue for the fiscal year until end-September 2025 to be flat to slightly up compared with the prior year

German chipmaker Infineon slightly revised up its full-year revenue outlook on Tuesday (Feb 4) due to expected currency effects after a fall in fiscal first-quarter revenue was not as bad as expected.

Infineon said it now expects revenue for the fiscal year until end-September 2025 to be flat to slightly up compared with the prior year, after previously saying it was expected to decline slightly, based on a lower exchange rate of the euro to the dollar.

“Infineon has held up well in a weak market environment, closing its first quarter slightly ahead of expectations,” said Infineon CEO Jochen Hanebeck in a statement.

The Munich-based manufacturer reported first-quarter revenue had fallen by 8 per cent to 3.4 billion euros (S$4.76 billion), versus a company-provided analyst forecast for revenue to come in at 3.2 billion euros.

The segment result margin – management’s preferred measure of operating profitability – also came as a positive surprise at 16.7 per cent, beating the forecast for 15 per cent. REUTERS

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