Positive revenue and earnings trajectory continuing; strong free cash flow; annual forecast raised slightly again
For the full version of this news release (incl. financial data), please download the PDF version.
- Q2 FY 2021: Revenue €2.7 billion; Segment Result €470 million; Segment Result Margin 17.4 percent; free cash flow €407 million
- Outlook for Q3 FY 2021: Based on an assumed exchange rate of US$1.20 to the euro, revenue is predicted to come in between €2.6 billion and €2.9 billion. At the mid-point of the guided revenue range, the Segment Result Margin is expected to be around 18 percent
- Outlook for FY 2021: Based on an assumed exchange rate of US$1.20 to the euro, revenue of around €11.0 billion (plus or minus 3 percent) is expected. At the mid-point of the guided revenue range, the Segment Result Margin is expected to come in at around 18 percent. Investments are still planned to be around €1.6 billion. Free cash flow is now anticipated to exceed €1.2 billion
Neubiberg, Germany – 4 May 2021 – Today, Infineon Technologies AG is reporting results for the second quarter of the 2021 fiscal year (period ended 31 March 2021).
"The semiconductor market is booming; electronics that help accelerate the energy transition and make work and home life easier remain in high demand. The push for digitalization continues unabated. Infineon is firmly on course to meet its targets for the current fiscal year," said Dr. Reinhard Ploss, CEO of Infineon. "Demand greatly exceeds supply for the majority of applications. Infineon's manufacturing facilities are running at full speed and we continue to invest in additional capacity. We see bottlenecks in those segments where we depend on chips supplied by foundries, especially in the case of automotive microcontrollers and IoT products. We are doing everything we can to provide our customers with the best possible support in this situation."
For the full version of this news release (incl. financial data), please download the PDF version.
About Infineon
Infineon Technologies AG is a world leader in semiconductor solutions that make life easier, safer and greener. Microelectronics from Infineon are the key to a better future. In the 2020 fiscal year (ending 30 September), Infineon reported revenue of more than €8.5 billion with a workforce of some 46,700 people worldwide. Following the acquisition of the US company Cypress Semiconductor Corporation in April 2020, Infineon is now a global top 10 semiconductor company.
Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the over-the-counter market OTCQX International Premier (ticker symbol: IFNNY).
Information Number
INFXX202105-066
