BERLIN, Nov 10 (Reuters) – Infineon on Tuesday forecast 2027 revenue growth of more than 20% and an increase of about 5 percentage points in profitability, driven by demand from data centres, power infrastructure and software-defined vehicles. • The German chipmaker reported fourth-quarter revenue of €4.706 billion ($5.28 billion) and a segment result of €1.119 […]
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Chipmaker Infineon forecasts strong 2027 growth on data-centre demand
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BERLIN, Nov 10 (Reuters) – Infineon on Tuesday forecast 2027 revenue growth of more than 20% and an increase of about 5 percentage points in profitability, driven by demand from data centres, power infrastructure and software-defined vehicles.
• The German chipmaker reported fourth-quarter revenue of €4.706 billion ($5.28 billion) and a segment result of €1.119 billion, yielding a segment margin of 23.8%. For the full fiscal year, revenue rose 12% to €16.353 billion, while adjusted free cash flow reached €1.925 billion
• CEO Jochen Hanebeck said the company was entering the new fiscal year with “continued strong momentum”, supported by an ongoing cyclical recovery and demand in structural growth markets
• For 2027, Infineon forecasts revenue of around €20 billion, including close to €4 billion from data-centre power supplies
• It expects a segment margin in the mid-20% range and adjusted free cash flow of about €2.2 billion
• The company also plans to propose raising its dividend to €0.38 per share from €0.35
($1 = 0.8908 euros)
(Reporting by Hakan Ersen, Writing by Friederike Heine; Editing by Sherry Jacob-Phillips)