Positive earnings and free cash flow development. Increase in revenue despite difficult supply environment. Strong final quarter expected
For the full version of this news release (incl. financial data), please download the PDF version.
- Q3 FY 2021: Revenue €2.722 billion; Segment Result €496 million; Segment Result Margin 18.2 percent; free cash flow €477 million
- Outlook for Q4 FY 2021: Based on an assumed exchange rate of US$1.20 to the euro, revenue of around €2.9 billion is expected. On this basis, Segment Result Margin is forecast at around 19 percent
- Outlook FY 2021: Based on the outlook for Q4 FY 2021, revenue for the full fiscal year is predicted at about €11 billion. At this level, a Segment Result Margin of above 18 percent is expected. Investments still expected at approximately €1.6 billion. Free cash flow anticipated to come in around €1.5 billion
Neubiberg, Germany, 3 August 2021 – Today, Infineon Technologies AG is reporting results for the third quarter of the 2021 fiscal year (period ended 30 June 2021).
“Demand for semiconductors is unbroken, as they play a key role in enabling the energy transition and digitalization. Currently, however, the market is faced with an extremely tight supply situation,” said Dr. Reinhard Ploss, CEO of Infineon. "Inventories are at a historic low; our chips are being shipped from our fabs straight into the end applications. Under these circumstances, any pandemic-related restrictions on manufacturing, such as those recently imposed in Malaysia, are especially grave. We are doing our utmost to improve matters along the entire value chain and are working as flexibly as possible in the best interests of our customers. At the same time, we are continuously building up additional capacity."
For the full version of this news release (incl. financial data), please download the PDF version.
About Infineon
Infineon Technologies AG is a world leader in semiconductor solutions that make life easier, safer and greener. Microelectronics from Infineon are the key to a better future. In the 2020 fiscal year (ending 30 September), Infineon reported revenue of more than €8.5 billion with a workforce of some 46,700 people worldwide. Following the acquisition of the US company Cypress Semiconductor Corporation in April 2020, Infineon is now a global top 10 semiconductor company.
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
INFXX202108-089
