Profit up 46 %, revenues up 15% at Infineon

Infineon’s calendar Q4 profit was up 46% y-o-y at at €169 million on revenues of €1,128 million up 15% y-o-y.

Infineon’s revenues have increased for seven straight quarters.

The company expects 2015 revenues of of between €4.75 billion and €4.92 billion with an operating margin of 14-15%.

However, the contribution of International Rectifier, whose acquisition was completed on January 15th, will increase that substantially. IR’s figures will be incorporated into Infineon’s results for the current quarter reported in May.

Power management and security ICs will continue to outpace the rest of the business and automotive, now accounting for half Infineon’s sales, will grow in line with the overall growth expected for the company.