Flexible Electronics News

Infineon Achieves Record Revenue and Earnings in 2023 Fiscal Year

Expects further revenue growth to €17 billion and a segment result margin of 24% for 2024.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Infineon Technologies AG is reporting results for the fourth quarter and the full fiscal year, both of which ended on Sept. 30, 2023. Highlights included: • Q4 FY 2023: Revenue €4.149 billion, segment result €1.044 billion, segment result margin 25.2%, free cash flow €614 million. • FY 2023: Revenue €16.309 billion, up 15% on the prior year; segment result €4.399 billion, up 30% year on year; segment result margin 27.0%; adjusted earnings per share €2.65, up 35% on the prior year; free cash...

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