(CercleFinance.com) – The group achieved a turnover of 3.298 billion euros for the second quarter of its 2022 financial year (ended March 31, 2022), up 4% compared to the previous quarter and 22 % year-on-year.
The segment result was 761 million euros, the profit margin was 23.1% and the Free Cash Flow was 120 million euros.
The group expects a turnover of around 3.4 billion euros in the 3rd quarter. On this basis, the segment result margin is expected to be around 21%.
For the 2022 financial year, management is targeting a turnover of 13.5 billion euros (compared to 13.0 billion euros previously). The segment result margin is expected to exceed 22% (compared to approximately 22% previously). Free cash flow is expected to reach around €1.1 billion (vs. around €1.0 billion previously).
‘Decarbonisation and digitalisation will profoundly change the world we live in over the next decade. We are actively driving this change, while seizing these opportunities to generate profitable growth. ‘ said Jochen Hanebeck, CEO of Infineon.
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