Image: Infineon Austria
“We have had a remarkable financial year behind us,” said Infineon CEO Jochen Hanebeck today, Wednesday, when presenting the figures. At the end of September, sales rose by 15 percent to 16.31 billion euros compared to the previous year. The result increased by 30 percent to around 4.4 billion euros.
Infineon is benefiting from the demand for electromobility and renewable energies, said Hanebeck at an online press conference. However, the consumer and computing sector is weakening. The semiconductor company’s five growth areas include electromobility, assistance systems in vehicles, renewable energies, data centers and the Internet of Things.
The global market is under pressure due to cost increases and declining demand, said the CEO. Compared to the previous year, chip companies’ sales fell by 13 percent. But Infineon is well positioned and broadly positioned to cushion this.
For the current 2023/24 financial year, the group forecast sales of 17 billion euros plus/minus 500 million euros. In addition, the dividend is expected to increase from 0.32 to 0.35 euros per share.
Infineon employs 58,600 people worldwide, and around 5,500 in Austria. Infineon recently had sales of 5.5 billion euros in this country. Around 200 employees work in a research center in Linz.
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