Infineon is rising despite declining figures in the final quarter and will increase its dividend - financial expert analyses.
According to a report from www.finanzen.net, Infineon Technologies significantly increased its earnings for the full year 2022/23 (as of the end of September) despite declining figures in the final quarter. The chip manufacturer expects growth for the new financial year, but a margin of 3 percentage points less. Shareholders should share in the success with a 35 cent dividend, 3 cents more than last year. In the past financial year, Infineon managed to increase its operating profit (segment result) by 30 percent to 4.4 billion euros. Thanks to strong growth in the Automotive and Green Industrial Power segments, sales climbed by 15 percent to 16.31 billion euros, so that the segment result margin was 27.0 ...

Infineon is rising despite declining figures in the final quarter and will increase its dividend - financial expert analyses.
According to a report by www.finanzen.net, Despite declining figures in the final quarter, Infineon Technologies significantly increased its earnings for the full year 2022/23 (as of the end of September). The chip manufacturer expects growth for the new financial year, but a margin of 3 percentage points less. Shareholders should share in the success with a 35 cent dividend, 3 cents more than last year.
In the past financial year, Infineon managed to increase its operating profit (segment result) by 30 percent to 4.4 billion euros. Thanks to strong growth in the Automotive and Green Industrial Power segments, sales climbed by 15 percent to 16.31 billion euros, so that the segment profit margin was 27.0 percent. There was a net profit of 3.14 billion euros - almost 1 billion euros more than a year ago.
For 2023/24, the largest German chip manufacturer forecast sales of around 17 billion euros - plus or minus 500 million euros - and a segment profit margin of around 24 percent - 3 percentage points less than in the previous year. In the first quarter of the business, around 3.8 billion euros in sales and a margin of around 22 percent are targeted.
According to these quarterly figures and forecasts, Infineon shares continued their strong previous day. After a surprisingly good year-end spurt, Infineon is confident of further growth in the new 2023/2024 financial year. In addition, the dividend is to be increased.
Infineon's dividend policy encourages shareholders and contributes to the attractiveness of the shares. However, the slight decline in expected margin next year may deter some investors. It should also be noted that competition in the semiconductor industry is very strong and Infineon's growth could potentially be influenced by other companies. However, the company's positive development and forecasts for the coming financial year could continue to maintain investor interest and support share prices.
Read the source article at www.finanzen.net