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BQ 3A News > Blog > Germany > Halver Supervisor: Infineon advantages of vulnerable euros
Germany

Halver Supervisor: Infineon advantages of vulnerable euros

February 4, 2025
Halver Supervisor: Infineon advantages of vulnerable euros
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Infineon got here just a little higher than anticipated during the exhausting first quarter of his new monetary 12 months. Then again, gross sales fell 8 p.c in comparison to the similar duration remaining 12 months to a few.4 billion, as a result of call for has weakened in all vital spaces, as the gang introduced. The benefit collapsed for greater than part to 246 million euros in comparison to the former 12 months, however no less than there used to be no loss as within the fourth trade of 2024. Years.

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Within the additional process the monetary 12 months, which goes in Infinene from October to September, the gang is looking forward to the chorus because of vulnerable euros and now expects extra gross sales. As an alternative of falling, source of revenue will have to now stay strong and even upward push. The background is that giant portions of the trade are treated in bucks; If that is value extra in comparison to euro, it additionally applies to gross sales. The euro has lately misplaced worth in comparison to the greenback.

“Infinene claimed in a weak market environment and finished the first quarter of something better than expected,” Infinene Boss Jochen Hanebeck mentioned. For the present monetary 12 months, he nonetheless assumes that the call for for the correction of the checklist can be recovered from shoppers. Infineon lately suffered from chips disaster. At the moment, shoppers fulfilled their camps very strongly to organize in opposition to slim supply throats. Since they aren’t bottleneck supply thrown, however shoppers liberate those provides once more and order much less accordingly.

© DPA-InfoCom, DPA: 250204-930-364708 / 1

TAGGED:benefitseurosHalverInfineonManagerweak
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