Infineon's Revenue, Margins Growth Expected to Pick up in New Fiscal Year

Dow Jones08-05

0801 GMT - Infineon Technologies is expected to witness an acceleration in revenue and margin growth in the fiscal year to the end of September 2027, Jefferies analysts write in a research note. The German chip maker's segment result--a closely watched profitability metric--rose to 797 million euros in the three months to the end of June from 668 million euros a year earlier, with its margin up to 19.1% from 18%. "We expect the rising trend in segment margin to continue," analysts say. Infineon concluded multiyear capacity agreements with several AI customers and is in negotiations for more. Analysts point out those deals have cumulative revenue in a high-single-digit billion-euro amount. Infineon shares trade 4% lower at 61.18 euros.

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