|
EQS-News: Infineon Technologies AG
/ Key word(s): Quarterly / Interim Statement/Forecast
Infineon concludes FY 2024 with an increase in revenue and earnings in the last quarter. FY 2025: Muted expectations in a weak market environment
12.11.2024 / 07:30 CET/CEST
The issuer is solely responsible for the content of this announcement.
- Q4 FY 2024: Revenue €3.919 billion, Segment Result €832 million, Segment Result Margin 21.2 percent
- FY 2024: Revenue €14.955 billion, down 8 percent on the prior year; Segment Result €3.105 billion; Segment Result Margin 20.8 percent; adjusted earnings per share €1.87; Free Cash Flow €23 million, adjusted Free Cash Flow €1.690 billion
- Dividend proposal for FY 2024: Dividend unchanged at €0.35 per share
- Outlook for Q1 FY 2025: Based on an assumed exchange rate of US$1.10 to the euro, revenue of around €3.2 billion expected. On this basis, Segment Result Margin forecast to be in the mid-teens percentage range
- Outlook for FY 2025: Based on an assumed exchange rate of US$1.10 to the euro, revenue is expected to slightly decline compared with previous year. The adjusted gross margin should be around 40 percent and the Segment Result Margin in the mid-to-high-teens percentage range. Investments of approximately €2.5 billion planned. Free Cash Flow adjusted for investments in frontend buildings should be around €1.7 billion and reported Free Cash Flow around €900 million
Neubiberg, 12 November 2024 – Today, Infineon Technologies AG is reporting results for the fourth quarter and the full fiscal year, both of which ended on 30 September 2024.
"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. 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. At the same time, we are relying on the consistent implementation of the structural measures in our “Step Up” program to strengthen our competitiveness. In combination with our innovative power, we are addressing our structural growth drivers and putting ourselves in the best position for a coming upturn.”
| Euro in millions |
Q4 FY24 |
Q3 FY24 |
+/- in % |
| |
|
|
|
| Revenue |
3,919 |
3,702 |
6 |
| Gross margin (in %) |
40.2% |
40.2% |
|
| Adjusted gross margin1 (in %) |
42.2% |
42.2% |
|
| Segment Result |
832 |
734 |
13 |
| Segment Result Margin (in %) |
21.2% |
19.8% |
|
| Profit (loss) from continuing operations |
384 |
404 |
(5) |
| Profit (loss) from discontinued operations, net of income taxes |
(468) |
(1) |
--- |
| Profit (loss) for the period |
(84) |
403 |
--- |
| |
|
|
|
| in Euro |
|
|
|
| Basic earnings (loss) per share from continuing operations2 |
0.29 |
0.31 |
(6) |
| Diluted earnings (loss) per share from continuing operations2 |
0.29 |
0.30 |
(3) |
| Adjusted earnings (loss) per share diluted1, 2 |
0.49 |
0.43 |
14 |
1 The reconciliation of net income to adjusted net income and adjusted earnings per share as well as of cost of goods sold to adjusted cost of goods sold and adjusted gross margin can be found in the quarterly information at www.infineon.com.
2 The calculation for earnings per share and for adjusted earnings per share is based on unrounded figures.
Group performance in the fourth quarter of the 2024 fiscal year
In the fourth quarter of the 2024 fiscal year, Group revenue rose to €3,919 million, from €3,702 million in the prior quarter. All four segments, Automotive (ATV), Green Industrial Power (GIP), Power & Sensor Systems (PSS) and Connected Secure Systems (CSS), contributed to the increase in revenue by 6 percent.
The gross margin in the fourth quarter was 40.2 percent, the same as in the third quarter of the 2024 fiscal year. The adjusted gross margin also remained the same as in the prior quarter, at 42.2 percent.
The Segment Result improved in the fourth quarter of the 2024 fiscal year to €832 million, from €734 million in the third quarter. The Segment Result Margin rose to 21.2 percent, compared with 19.8 percent in the previous quarter.
The fourth-quarter Non-Segment Result was a net loss of €359 million, compared with a net loss of €215 million in the third quarter. The Non-Segment Result for the fourth quarter of the 2024 fiscal year comprised €77 million relating to cost of goods sold, €14 million relating to research and development expenses and €48 million relating to selling, general and administrative expenses. In addition, it included other operating expenses of €220 million, mainly in connection with the “Step Up” structural improvement program.
Operating profit for the fourth quarter was €473 million, compared with €519 million in the third quarter.
The financial result in the last quarter of the past fiscal year was a net financial loss of €26 million, compared with a net financial loss of €30 million in the prior quarter.
The tax expense in the fourth quarter of the 2024 fiscal year was €64 million, compared with €88 million in the preceding quarter.
Profit from continuing operations in the fourth quarter of the past fiscal year was €384 million, compared with €404 million in the previous three-month period. The result from discontinued operations in the fourth quarter was a loss of €468 million following the settlement in August 2024 agreed with the insolvency administrator of Qimonda. This compares with a loss from discontinued operations of €1 million in the prior quarter. The Qimonda settlement had the effect of reducing the result for the period in the fourth quarter to a loss of €84 million, compared with a profit of €403 million in the third quarter.
Earnings per share from continuing operations (basic) stood at €0.29 at the end of the fourth quarter of the 2024 fiscal year, compared with €0.31 one quarter earlier. Diluted earnings per share from continuing operations in the fourth quarter also stood at €0.29. The comparative figure for the third quarter was €0.30. Adjusted earnings per share3 (diluted) rose in the fourth quarter of the past fiscal year to €0.49, up from €0.43 in the prior quarter.
Investments – which Infineon defines as the sum of investments in property, plant and equipment, investments in other intangible assets and capitalized development costs – increased in the fourth quarter of the 2024 fiscal year to €722 million, up from €700 million in the preceding three-month period. Depreciation and amortization in the fourth quarter was €473 million, compared with €470 million in the third quarter.
Free Cash Flow improved significantly in the fourth quarter of the 2024 fiscal year to €1,145 million, up from €393 million in the prior quarter.
The gross cash position at the end of the fourth quarter of the past fiscal year was €2,201 million, compared with €2,345 million at the end of the third quarter. Financial debt decreased from €5,386 million at 30 June 2024 to €4,811 million at 30 September 2024. Short-term bank liabilities of €500 million were repaid in the fourth quarter of 2024. The net cash position improved by €431 million, from a negative amount of €3,041 million at the end of the third quarter to a negative amount of €2,610 million at the end of the fourth quarter.
Proposed dividend for the 2024 fiscal year: €0.35 per share
Our dividend policy is aimed at letting shareholders adequately participate in Infineon’s economic development and, in general, at paying out at least an unchanged dividend even in the event of stagnating or declining earnings. Against this backdrop, we intend to propose to the Annual General Meeting to be held in February 2025 for a dividend of €0.35 per share, as in the previous year. This proposal takes account of the decline seen in our business, while at the same time maintaining the financial headroom required for further profitable growth in the years ahead. The number of shares issued remained unchanged at 1,305,921,137 as of 30 September 2024. This figure includes 6,757,925 shares owned by the Company that are not entitled to a dividend. Should the Annual General Meeting approve the planned proposal, the total amount to be distributed to shareholders is anticipated to be €455 million, compared with €456 million one year earlier.
Outlook for the first quarter of the 2025 fiscal year
Based on an assumed exchange rate of US$1.10 to the euro, Infineon expects to generate revenue of around €3.2 billion in the first quarter of the 2025 fiscal year. Revenue in the ATV and CSS segments is forecast to decline at around the Group average. The percentage decline in the PSS segment should be lower than the Group average, while the percentage decline in the GIP segment is anticipated to be higher than the Group average. The Segment Result Margin is expected to be in the mid-teens percentage range.
Outlook for the 2025 fiscal year
Based on an assumed exchange rate of US$1.10 to the euro, revenue in the 2025 fiscal year is forecast to see a slight decline in comparison with the 2024 fiscal year. A slight decrease in revenue is expected in the ATV segment and a more pronounced decline in the GIP segment. In contrast, the PSS segment should see a moderate increase in revenue. Revenue in the CSS segment is expected to remain more or less the same as in the 2024 fiscal year. The adjusted gross margin should be around 40 percent and the Segment Result Margin in the mid-to-high-teens percentage range.
Investments – which Infineon defines as the sum of investments in property, plant and equipment, investments in other intangible assets and capitalized development costs – are planned at around €2.5 billion for the 2025 fiscal year. The focus here will be on the completion of the fourth manufacturing module in Dresden (Germany), for smart power technologies for applications such as powering AI. Considerable funds are also being used to acquire machinery for the production of semiconductors based on silicon carbide and gallium nitride at the Kulim site in Malaysia and the Villach site in Austria.
Depreciation and amortization are anticipated to be around €2.0 billion in the 2025 fiscal year, of which approximately €400 million is attributable to amortization of purchase price allocations arising mainly from the acquisition of Cypress. Adjusted Free Cash Flow, which is adjusted for investments in frontend buildings, is expected to be about €1.7 billion. Reported Free Cash Flow should be around €900 million.
3 Adjusted profit (loss) for the period and adjusted earnings per share (diluted) should not be seen as a replacement or as superior performance indicator, but rather as additional information to profit (loss) for the period and earnings per share (diluted) determined in accordance with IFRS.
Infineon’s segments’ performance in the fourth quarter of the 2024 fiscal year can be found in the quarterly information at www.infineon.com.
All figures in this quarterly information are preliminary and unaudited.
Press conference and analyst telephone conference
On 12 November 2024 the Management Board of Infineon will host a press conference with the media at 8:00 am (CET), 2:00 am (ET). It can be followed over the Internet in both English and German. In addition a telephone conference call including a webcast for analysts and investors (in English only) will take place at 9:30 am (CET), 3:30 am (ET). During both calls, the Infineon Management Board will present the Company’s results for the fourth quarter and the 2024 fiscal year as well as the outlook for the first quarter and the 2025 fiscal year. The conferences will also be available live and for download on Infineon’s website at www.infineon.com/investor
The Q4 Investor Presentation is available (in English only) at:
https://www.infineon.com/cms/en/about-infineon/investor/reports-and-presentations/
Infineon Financial Calendar (* preliminary)
- 14 Nov 2024 Stifel Roadshow, Frankfurt
- 19 - 22 Nov 2024 Danske Market Nordic Roadshow, Helsinki, Stockholm, Oslo, Kopenhagen
- 21 Nov 2024 Morgan Stanley European TMT Conference, Barcelona
- 22 Nov 2024 Kepler Cheuvreux One-Stop-Shop Roadshow, Munich
- 4 Dec 2024 ATV Presentation and Roadshow, London
- 4 - 5 Dec 2024 UBS Global TMT Conference, Scottsdale
- 6 Dec 2024 Stifel Roadshow, Chicago
- 9 - 10 Jan 2025 ODDO BHF Forum, Lyon
- 4 Feb 2025* Earnings Release for the First Quarter of the
2025 Fiscal Year
- 20 Feb 2025* Annual General Meeting 2025
- 8 May 2025* Earnings Release for the Second Quarter of the
2025 Fiscal Year
About Infineon
Infineon Technologies AG is a global semiconductor leader in power systems and IoT. Infineon drives decarbonization and digitalization with its products and solutions. The Company had around 58,060 employees worldwide (end of September 2024) and generated revenue of about €15 billion in the 2024 fiscal year (ending 30 September). Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the OTCQX International over-the-counter market (ticker symbol: IFNNY).
Further information is available at https://www.infineon.com/
Follow us: X - Facebook - LinkedIn
D I S C L A I M E R
This press release contains forward-looking statements about the business, financial condition and earnings performance of the Infineon Group.
These statements are based on assumptions and projections resting upon currently available information and present estimates. They are subject to a multitude of uncertainties and risks. Actual business development may therefore differ materially from what has been expected.
Beyond disclosure requirements stipulated by law, Infineon does not undertake any obligation to update forward-looking statements.
Due to rounding, numbers presented throughout this press release and other reports may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures.
All figures mentioned in this press release are preliminary and unaudited.
Contact:
Andre Tauber, Media Relations, phone: +49 89 234 23888
12.11.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
|
| Language: |
English |
| Company: |
Infineon Technologies AG |
|
Am Campeon 1-15 |
|
85579 Neubiberg |
|
Germany |
| Phone: |
+49 (0)89 234-26655 |
| Fax: |
+49 (0)89 234-955 2987 |
| E-mail: |
investor.relations@infineon.com |
| Internet: |
www.infineon.com |
| ISIN: |
DE0006231004, XS2056730679, XS2056730323, XS2443921056, XS2194283672, XS2767979052, XS2194283839, XS2194192527, US45662N1037 |
| WKN: |
623100, A2YN1J, A2YN1H, A3MQS8, A3E44V, A35129, A3E44W, A3E44X, 936207 |
| Indices: |
DAX, TecDAX, EURO STOXX 50 |
| Listed: |
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; OTC QX, Luxembourg Stock Exchange |
| EQS News ID: |
2027157 |
| |
| End of News |
EQS News Service |
2027157 12.11.2024 CET/CEST
EQS-News: Infineon Technologies AG
/ Key word(s): Quarterly / Interim Statement/Forecast
Infineon concludes FY 2024 with an increase in revenue and earnings in the last quarter. FY 2025: Muted expectations in a weak market environment
12.11.2024 / 07:30 CET/CEST
The issuer is solely responsible for the content of this announcement.
- Q4 FY 2024: Revenue €3.919 billion, Segment Result €832 million, Segment Result Margin 21.2 percent
- FY 2024: Revenue €14.955 billion, down 8 percent on the prior year; Segment Result €3.105 billion; Segment Result Margin 20.8 percent; adjusted earnings per share €1.87; Free Cash Flow €23 million, adjusted Free Cash Flow €1.690 billion
- Dividend proposal for FY 2024: Dividend unchanged at €0.35 per share
- Outlook for Q1 FY 2025: Based on an assumed exchange rate of US$1.10 to the euro, revenue of around €3.2 billion expected. On this basis, Segment Result Margin forecast to be in the mid-teens percentage range
- Outlook for FY 2025: Based on an assumed exchange rate of US$1.10 to the euro, revenue is expected to slightly decline compared with previous year. The adjusted gross margin should be around 40 percent and the Segment Result Margin in the mid-to-high-teens percentage range. Investments of approximately €2.5 billion planned. Free Cash Flow adjusted for investments in frontend buildings should be around €1.7 billion and reported Free Cash Flow around €900 million
Neubiberg, 12 November 2024 – Today, Infineon Technologies AG is reporting results for the fourth quarter and the full fiscal year, both of which ended on 30 September 2024.
\"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. 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. At the same time, we are relying on the consistent implementation of the structural measures in our “Step Up” program to strengthen our competitiveness. In combination with our innovative power, we are addressing our structural growth drivers and putting ourselves in the best position for a coming upturn.”
| Euro in millions |
Q4 FY24 |
Q3 FY24 |
+/- in % |
| |
|
|
|
| Revenue |
3,919 |
3,702 |
6 |
| Gross margin (in %) |
40.2% |
40.2% |
|
| Adjusted gross margin1 (in %) |
42.2% |
42.2% |
|
| Segment Result |
832 |
734 |
13 |
| Segment Result Margin (in %) |
21.2% |
19.8% |
|
| Profit (loss) from continuing operations |
384 |
404 |
(5) |
| Profit (loss) from discontinued operations, net of income taxes |
(468) |
(1) |
--- |
| Profit (loss) for the period |
(84) |
403 |
--- |
| |
|
|
|
| in Euro |
|
|
|
| Basic earnings (loss) per share from continuing operations2 |
0.29 |
0.31 |
(6) |
| Diluted earnings (loss) per share from continuing operations2 |
0.29 |
0.30 |
(3) |
| Adjusted earnings (loss) per share diluted1, 2 |
0.49 |
0.43 |
14 |
1 The reconciliation of net income to adjusted net income and adjusted earnings per share as well as of cost of goods sold to adjusted cost of goods sold and adjusted gross margin can be found in the quarterly information at www.infineon.com.
2 The calculation for earnings per share and for adjusted earnings per share is based on unrounded figures.
Group performance in the fourth quarter of the 2024 fiscal year
In the fourth quarter of the 2024 fiscal year, Group revenue rose to €3,919 million, from €3,702 million in the prior quarter. All four segments, Automotive (ATV), Green Industrial Power (GIP), Power & Sensor Systems (PSS) and Connected Secure Systems (CSS), contributed to the increase in revenue by 6 percent.
The gross margin in the fourth quarter was 40.2 percent, the same as in the third quarter of the 2024 fiscal year. The adjusted gross margin also remained the same as in the prior quarter, at 42.2 percent.
The Segment Result improved in the fourth quarter of the 2024 fiscal year to €832 million, from €734 million in the third quarter. The Segment Result Margin rose to 21.2 percent, compared with 19.8 percent in the previous quarter.
The fourth-quarter Non-Segment Result was a net loss of €359 million, compared with a net loss of €215 million in the third quarter. The Non-Segment Result for the fourth quarter of the 2024 fiscal year comprised €77 million relating to cost of goods sold, €14 million relating to research and development expenses and €48 million relating to selling, general and administrative expenses. In addition, it included other operating expenses of €220 million, mainly in connection with the “Step Up” structural improvement program.
Operating profit for the fourth quarter was €473 million, compared with €519 million in the third quarter.
The financial result in the last quarter of the past fiscal year was a net financial loss of €26 million, compared with a net financial loss of €30 million in the prior quarter.
The tax expense in the fourth quarter of the 2024 fiscal year was €64 million, compared with €88 million in the preceding quarter.
Profit from continuing operations in the fourth quarter of the past fiscal year was €384 million, compared with €404 million in the previous three-month period. The result from discontinued operations in the fourth quarter was a loss of €468 million following the settlement in August 2024 agreed with the insolvency administrator of Qimonda. This compares with a loss from discontinued operations of €1 million in the prior quarter. The Qimonda settlement had the effect of reducing the result for the period in the fourth quarter to a loss of €84 million, compared with a profit of €403 million in the third quarter.
Earnings per share from continuing operations (basic) stood at €0.29 at the end of the fourth quarter of the 2024 fiscal year, compared with €0.31 one quarter earlier. Diluted earnings per share from continuing operations in the fourth quarter also stood at €0.29. The comparative figure for the third quarter was €0.30. Adjusted earnings per share3 (diluted) rose in the fourth quarter of the past fiscal year to €0.49, up from €0.43 in the prior quarter.
Investments – which Infineon defines as the sum of investments in property, plant and equipment, investments in other intangible assets and capitalized development costs – increased in the fourth quarter of the 2024 fiscal year to €722 million, up from €700 million in the preceding three-month period. Depreciation and amortization in the fourth quarter was €473 million, compared with €470 million in the third quarter.
Free Cash Flow improved significantly in the fourth quarter of the 2024 fiscal year to €1,145 million, up from €393 million in the prior quarter.
The gross cash position at the end of the fourth quarter of the past fiscal year was €2,201 million, compared with €2,345 million at the end of the third quarter. Financial debt decreased from €5,386 million at 30 June 2024 to €4,811 million at 30 September 2024. Short-term bank liabilities of €500 million were repaid in the fourth quarter of 2024. The net cash position improved by €431 million, from a negative amount of €3,041 million at the end of the third quarter to a negative amount of €2,610 million at the end of the fourth quarter.
Proposed dividend for the 2024 fiscal year: €0.35 per share
Our dividend policy is aimed at letting shareholders adequately participate in Infineon’s economic development and, in general, at paying out at least an unchanged dividend even in the event of stagnating or declining earnings. Against this backdrop, we intend to propose to the Annual General Meeting to be held in February 2025 for a dividend of €0.35 per share, as in the previous year. This proposal takes account of the decline seen in our business, while at the same time maintaining the financial headroom required for further profitable growth in the years ahead. The number of shares issued remained unchanged at 1,305,921,137 as of 30 September 2024. This figure includes 6,757,925 shares owned by the Company that are not entitled to a dividend. Should the Annual General Meeting approve the planned proposal, the total amount to be distributed to shareholders is anticipated to be €455 million, compared with €456 million one year earlier.
Outlook for the first quarter of the 2025 fiscal year
Based on an assumed exchange rate of US$1.10 to the euro, Infineon expects to generate revenue of around €3.2 billion in the first quarter of the 2025 fiscal year. Revenue in the ATV and CSS segments is forecast to decline at around the Group average. The percentage decline in the PSS segment should be lower than the Group average, while the percentage decline in the GIP segment is anticipated to be higher than the Group average. The Segment Result Margin is expected to be in the mid-teens percentage range.
Outlook for the 2025 fiscal year
Based on an assumed exchange rate of US$1.10 to the euro, revenue in the 2025 fiscal year is forecast to see a slight decline in comparison with the 2024 fiscal year. A slight decrease in revenue is expected in the ATV segment and a more pronounced decline in the GIP segment. In contrast, the PSS segment should see a moderate increase in revenue. Revenue in the CSS segment is expected to remain more or less the same as in the 2024 fiscal year. The adjusted gross margin should be around 40 percent and the Segment Result Margin in the mid-to-high-teens percentage range.
Investments – which Infineon defines as the sum of investments in property, plant and equipment, investments in other intangible assets and capitalized development costs – are planned at around €2.5 billion for the 2025 fiscal year. The focus here will be on the completion of the fourth manufacturing module in Dresden (Germany), for smart power technologies for applications such as powering AI. Considerable funds are also being used to acquire machinery for the production of semiconductors based on silicon carbide and gallium nitride at the Kulim site in Malaysia and the Villach site in Austria.
Depreciation and amortization are anticipated to be around €2.0 billion in the 2025 fiscal year, of which approximately €400 million is attributable to amortization of purchase price allocations arising mainly from the acquisition of Cypress. Adjusted Free Cash Flow, which is adjusted for investments in frontend buildings, is expected to be about €1.7 billion. Reported Free Cash Flow should be around €900 million.
3 Adjusted profit (loss) for the period and adjusted earnings per share (diluted) should not be seen as a replacement or as superior performance indicator, but rather as additional information to profit (loss) for the period and earnings per share (diluted) determined in accordance with IFRS.
Infineon’s segments’ performance in the fourth quarter of the 2024 fiscal year can be found in the quarterly information at www.infineon.com.
All figures in this quarterly information are preliminary and unaudited.
Press conference and analyst telephone conference
On 12 November 2024 the Management Board of Infineon will host a press conference with the media at 8:00 am (CET), 2:00 am (ET). It can be followed over the Internet in both English and German. In addition a telephone conference call including a webcast for analysts and investors (in English only) will take place at 9:30 am (CET), 3:30 am (ET). During both calls, the Infineon Management Board will present the Company’s results for the fourth quarter and the 2024 fiscal year as well as the outlook for the first quarter and the 2025 fiscal year. The conferences will also be available live and for download on Infineon’s website at www.infineon.com/investor
The Q4 Investor Presentation is available (in English only) at:
https://www.infineon.com/cms/en/about-infineon/investor/reports-and-presentations/
Infineon Financial Calendar (* preliminary)
- 14 Nov 2024 Stifel Roadshow, Frankfurt
- 19 - 22 Nov 2024 Danske Market Nordic Roadshow, Helsinki, Stockholm, Oslo, Kopenhagen
- 21 Nov 2024 Morgan Stanley European TMT Conference, Barcelona
- 22 Nov 2024 Kepler Cheuvreux One-Stop-Shop Roadshow, Munich
- 4 Dec 2024 ATV Presentation and Roadshow, London
- 4 - 5 Dec 2024 UBS Global TMT Conference, Scottsdale
- 6 Dec 2024 Stifel Roadshow, Chicago
- 9 - 10 Jan 2025 ODDO BHF Forum, Lyon
- 4 Feb 2025* Earnings Release for the First Quarter of the
2025 Fiscal Year
- 20 Feb 2025* Annual General Meeting 2025
- 8 May 2025* Earnings Release for the Second Quarter of the
2025 Fiscal Year
About Infineon
Infineon Technologies AG is a global semiconductor leader in power systems and IoT. Infineon drives decarbonization and digitalization with its products and solutions. The Company had around 58,060 employees worldwide (end of September 2024) and generated revenue of about €15 billion in the 2024 fiscal year (ending 30 September). Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the OTCQX International over-the-counter market (ticker symbol: IFNNY).
Further information is available at https://www.infineon.com/
Follow us: X - Facebook - LinkedIn
D I S C L A I M E R
This press release contains forward-looking statements about the business, financial condition and earnings performance of the Infineon Group.
These statements are based on assumptions and projections resting upon currently available information and present estimates. They are subject to a multitude of uncertainties and risks. Actual business development may therefore differ materially from what has been expected.
Beyond disclosure requirements stipulated by law, Infineon does not undertake any obligation to update forward-looking statements.
Due to rounding, numbers presented throughout this press release and other reports may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures.
All figures mentioned in this press release are preliminary and unaudited.
Contact:
Andre Tauber, Media Relations, phone: +49 89 234 23888
12.11.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
|
| Language: |
English |
| Company: |
Infineon Technologies AG |
| Am Campeon 1-15 |
| 85579 Neubiberg |
| Germany |
| Phone: |
+49 (0)89 234-26655 |
| Fax: |
+49 (0)89 234-955 2987 |
| E-mail: |
investor.relations@infineon.com |
| Internet: |
www.infineon.com |
| ISIN: |
DE0006231004, XS2056730679, XS2056730323, XS2443921056, XS2194283672, XS2767979052, XS2194283839, XS2194192527, US45662N1037 |
| WKN: |
623100, A2YN1J, A2YN1H, A3MQS8, A3E44V, A35129, A3E44W, A3E44X, 936207 |
| Indices: |
DAX, TecDAX, EURO STOXX 50 |
| Listed: |
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; OTC QX, Luxembourg Stock Exchange |
| EQS News ID: |
2027157 |
| |
| End of News |
EQS News Service |
2027157 12.11.2024 CET/CEST
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