After a successful fiscal year, Infineon raises its through-cycle target for the Segment Result Margin to 17 percent

• Q4 FY 2016: Revenue €1,675 million; Segment Result €280 million; Segment Result Margin 16.7 percent; earnings per share €0.20 (basic and diluted); adjusted earnings per share €0.21 (diluted)
• Outlook for Q1 FY 2017: Quarter-on-quarter revenue decrease of 4 percent (plus or minus 2 percentage points) due to seasonality, with Segment Result Margin of 14 percent at mid-point of revenue guidance
• Outlook for FY 2017: Based on an assumed exchange rate of US$1.10 to the euro, year-on-year revenue growth of around 6 percent (plus or minus 2 percentage points) and Segment Result Margin of 16 percent at mid-point of revenue guidance

Neubiberg, Germany, November 23, 2016 – Infineon Technologies AG today reported results for the fourth quarter and the 2016 fiscal year, both ended September 30, 2016.

“Infineon has completed another successful fiscal year – with above-average revenue growth and a respectable improvement in earnings”, stated Dr. Reinhard Ploss, CEO of Infineon. “We are strategically well positioned with our solutions for electro-mobility, autonomous driving, renewable energy generation and the efficient use of electric power. Infineon will again grow faster than the market in the current fiscal year.”