• Third-quarter revenue of Euro 990 million approximately unchanged compared to the previous quarter; Segment Result of Euro 126 million (12.7 percent margin);
• Outlook for fourth quarter 2012 confirmed: revenue flat to down slightly and Segment Result Margin of around 12 percent expected;
• Planned investments in 2013 fiscal year to be significantly lower than in 2012 fiscal year.
Infineon Technologies AG today reported results for the third quarter of the 2012 fiscal year (as of June 30, 2012).
“Growth and Margin are currently below plan, reflecting global uncertainties. The underlying trends for energy efficiency, mobility and security business nevertheless remain positive. We will therefore continue our policy of strategic investment, firmly convinced that this is the only way for Infineon to extend its market leadership in the future. That said, we will make savings now wherever savings are to be made. With this, the cost situation remains manageable even in the face of current market conditions“, stated Peter Bauer, CEO of Infineon Technologies AG.
Infineon Technologies AG (infineon.com), Neubiberg, Germany, offers semiconductor and system solutions addressing three central challenges to modern society: energy efficiency, mobility, and security. In the 2011 fiscal year (ending September 30), the company reported sales of Euro 4.0 billion with close to 26,000 employees worldwide. 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: INFXX201207.055