Infineon reported Q3 17 revenues of €1,831m, up by 3.6% sequentially and by 11.2 yoy. Automotive and Industrial Power Control were up double-digit yoy (€766m, +13.3% and €321m, +14.6%), Power Management & Multimarket showed a persisting ascending momentum (€557m, +9.4%), while Chip Card & Security went back into the black (€185m, +7.6%). The gross margin reached 38.2%, up by 170bp sequentially and 160bp yoy. The Segment result margin reached 18.5%, up 290bp yo
01 Aug 2017
Guidance maintained despite negative headwinds from currency effects
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Guidance maintained despite negative headwinds from currency effects
Infineon Technologies AG (IFX:WBO) | 0 0 0.5% | Mkt Cap: 25,045m
- Published:
01 Aug 2017 -
Author:
Charles Bordes -
Pages:
3
Infineon reported Q3 17 revenues of €1,831m, up by 3.6% sequentially and by 11.2 yoy. Automotive and Industrial Power Control were up double-digit yoy (€766m, +13.3% and €321m, +14.6%), Power Management & Multimarket showed a persisting ascending momentum (€557m, +9.4%), while Chip Card & Security went back into the black (€185m, +7.6%). The gross margin reached 38.2%, up by 170bp sequentially and 160bp yoy. The Segment result margin reached 18.5%, up 290bp yo