• Results in Q3 FY2013 better than forecast with revenue of €1,022 million, Segment Result of €117 million and a Segment Result Margin of 11.4 percent;
• Outlook Q4 FY2013: Revenue of approximately €1.05 billion and Segment Result Margin of about 13 percent.
Infineon Technologies AG today is reporting results for the third quarter of the 2013 fiscal year, ended June 30, 2013.
"Infineon has made a good recovery and managed to grow again. Our strategy is bearing fruit: we are now in a position to quickly and decisively take advantage of opportunities as markets pick up", stated Dr. Reinhard Ploss, CEO of Infineon Technologies AG. "Revenue and margins have developed favorably during the third quarter and we remain focused on enhancing profitability."
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 2012 fiscal year (ending September 30), the Company reported sales of Euro 3.9 billion with close to 26,700 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: INFXX201307.058