Infineon reported Q4 revenues of €1,675m, up 2.6% sequentially and 4.8% yoy. Automotive and Industrial Power Control were up yoy (€690m, +1.4% and €279m, +3%), Power Management & Multimarket flat (€535m, +0.2%) and Chip Card & Security down (€173m, -4.4%). The gross margin reached 36.2%, down 30bp sequentially and 270bp yoy. The Segment Result margin reached 16.7%, up 110bp sequentially but down 120bp yoy. All business lines witnessed an increase in their prof
23 Nov 2016
Mixed release, soft top-line guidance but upgraded margins, long-term story unchanged
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Mixed release, soft top-line guidance but upgraded margins, long-term story unchanged
Infineon Technologies AG (IFX:WBO) | 0 0 0.5% | Mkt Cap: 25,045m
- Published:
23 Nov 2016 -
Author:
Charles Bordes -
Pages:
3
Infineon reported Q4 revenues of €1,675m, up 2.6% sequentially and 4.8% yoy. Automotive and Industrial Power Control were up yoy (€690m, +1.4% and €279m, +3%), Power Management & Multimarket flat (€535m, +0.2%) and Chip Card & Security down (€173m, -4.4%). The gross margin reached 36.2%, down 30bp sequentially and 270bp yoy. The Segment Result margin reached 16.7%, up 110bp sequentially but down 120bp yoy. All business lines witnessed an increase in their prof