Infineon First Quarter FY 2012 sales and earnings slightly ahead of guidance

• Quarterly sales of Euro 946 million down from Euro 1.038 billion
• Superior growth and profitability: 14 percent growth in calendar year 2011 vs 3 percent for industry excluding memories and microprocessors
• 14.9 percent Total Segment Result Margin in-line with through-cycle target
• Sustained efforts for future success: counter-cyclical investments of Euro 294 million to enable move to highly competitive 300mm manufacturing; sustaining high R&D and selling expense
• Strong returns: 27 percent RoCE for the quarter; 1.0 percent reduction in fully diluted share count
• Outlook for the second quarter of the FY 2012: sales to be flat to down slightly; Total Segment Result Margin to be down broadly by 1 percentage point

For the full version of this news release (incl. financial data), please download the PDF version (see on the right)