Infineon: Q4 adjusted EPS down 25%

(CercleFinance.com) - Infineon has reported Q4 2023-24 adjusted EPS that is down 25% at E0.
49, as well as a segment margin that is down four points at 21.2%, on revenues that fell 6% to E3.92bn.

With adjusted EPS of E1.87, a segment margin of 20.8% and full-year revenues of less than E15bn, the semiconductor manufacturer will propose a stable annual dividend of E0.35.

Management said growth momentum is currently struggling to emerge in our end markets, with the exception of AI, cyclical recovery is delayed and the inventory correction continues.

We are therefore preparing for a lackluster business trajectory in 2025", he continues, forecasting a segment margin in the mid- to upper 10-20% range for the year ahead, as well as a slight decline in revenues.


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