Infineon continued to grow during the 2017 fiscal year. Revenue increased by 9 percent. Segment Result increased to €1.208 billion, corresponding to a margin of 17.1 percent. Thus, the profitability target, which we raised at the beginning of the fiscal year, has been achieved earlier than expected.
Letter to shareholders
The 2017 fiscal year was very eventful for Infineon. We grew faster than expected, achieved our increased profitability target of 17 percent Segment Result Margin earlier than expected and minimized the impact of the terminated acquisition of Wolfspeed. The 2017 fiscal year was not only eventful but also successful for Infineon.