A strong past, a strong present and a strong future performance. Infineon is surfing on the Auto secular trend that it announced during its last CMD. Even the business divisions exposed to consumer electronics performed better than expected. The strong beat was followed by an upward revision of its guidance on sales, profitability and FCF generation. This is the third quarter in a row with an upwards revision to guidance; simply stunning.
03 Aug 2022
Q3-22: Infineon does it again
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Q3-22: Infineon does it again
Infineon Technologies AG (IFX:ETR) | 0 0 0.0%
- Published:
03 Aug 2022 -
Author:
Romain Pierredon -
Pages:
3
A strong past, a strong present and a strong future performance. Infineon is surfing on the Auto secular trend that it announced during its last CMD. Even the business divisions exposed to consumer electronics performed better than expected. The strong beat was followed by an upward revision of its guidance on sales, profitability and FCF generation. This is the third quarter in a row with an upwards revision to guidance; simply stunning.