Infineon Technologies Ag · XETR:IFX
Infineon Technologies — Q1 FY2020 Earnings Presentation
13 slides from Infineon Technologies's earnings presentation, Feb 5, 2020
Slide 1: First Quarter FY 2020 Analyst Call
First Quarter FY 2020 Analyst Call Infineon Technologies AG Investor Relations
Slide 2: Group financial performance
Group financial performance Revenues and segment result USD impact on revenue [EUR m] Revenues Segment result Margin Average exchange rate -3% Q1 Q4 Q1 -7% FY19 FY19 FY20 ø USD/EUR 1.14 1.11 1.11 2,015 2,062 Revenue development 1,970 1,983 1,916 q-q y-y As reported -7% -3% At const. USD/EUR -7% -4%
Slide 3: Automotive (ATV)
Automotive (ATV) Revenues Segment Result Book-to-bill [EUR m] [EUR m] Margin -2% -7% 875 888 893 846 829 117 112 98 78 67 1.1 13.8% 0.8 0.9 0.9 12.8% 0.8 11.0% 8.7% 8.1% Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 FY19 FY19 FY19 FY19 FY20 FY19 FY19 FY19 FY19 FY20 FY19 FY19 FY19 FY19 FY20 › Practica
Slide 4: Industrial Power Control (IPC)
Industrial Power Control (IPC) Revenues Segment Result Book-to-bill [EUR m] [EUR m] Margin -5% -8% 69 67 352 347 357 362 334 59 62 55 1.1 1.1 19.6% 19.3% 18.6 % 0.7 0.7 0.8 16.3% 15.4% Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 FY19 FY19 FY19 FY19 FY20 FY19 FY19 FY19 FY19 FY20 FY19 FY19 FY19 FY19
Slide 5: Power Management & Multimarket (PMM)
Power Management & Multimarket (PMM) Revenues Segment Result Book-to-bill [EUR m] [EUR m] Margin -4% -7% 617 639 591 598 593 155 145 153 146 132 25.1% 24.6% 0.9 1.0 24.2% 23.9% 22.3% 0.7 0.6 0.5 Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 FY19 FY19 FY19 FY19 FY20 FY19 FY19 FY19 FY19 FY20 FY19 FY19
Slide 6: Digital Security Solutions (DSS)
Digital Security Solutions (DSS) Revenues Segment Result Book-to-bill [EUR m] [EUR m] Margin +6% -2% 164 167 162 158 149 1.3 1.3 1.1 22 0.9 0.8 19 22 16 19 13.6% 13.9% 10.7% 11.6% 11.4% Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 FY19 FY19 FY19 FY19 FY20 FY19 FY19 FY19 FY19 FY20 FY19 FY19 FY19 FY19
Slide 7: Gross margin and Opex
Gross margin and Opex Gross profit R&D SG&A Gross profit as Gross margin R&D expenses R&D expenses SG&A expenses SG&A expenses reported [EUR m] as reported [EUR m] as % of revenue [EUR m] as % of revenue 236 236 243 243 230 222 779 218 212 214 749 735 731 204 709 39.5% 37.8% 12.7% 36.5% 35.5% 37.0%
Slide 8: Outlook for Q2 FY20 and FY20
Outlook for Q2 FY20 and FY20 Outlook Q2 FY20* Outlook FY20* (compared to Q1 FY20) Increase of 5% Increase of 5% Revenue +/- 2%-points +/- 2%-points Segment At the mid-point of the At the mid-point of the revenue guidance: revenue guidance: Result Margin ~14% ~16% Investments in FY20 ~€1.3bn** D&A in
Slide 9: Key points
Key points Q1 FY20: Anticipated revenue decline, better segment result from one-off effects & cost saving: › Revenue of €1,916m: -3% y-y / -7% q-q › Segment result margin: 15.5% FY20: In a stabilizing market… › Cyclical pressures are easing, demand is normalizing › Broad market recovery not yet in s
Slide 10: Questions & Answers
Questions & Answers 2020-02-05 keine Markierung Copyright © Infineon Technologies AG 2020. All rights reserved. 10
Slide 11: Appendix: Book-to-bill ratio - Definition
Appendix: Book-to-bill ratio - Definition Book-to-bill = Orders received / Revenue in Euro per quarter Orders received contains order backlog and external customer forecast External customer forecast includes consignment stock forecast by customers Not included are internal consignment replenishme
Slide 12: Disclaimer
Disclaimer Disclaimer: This presentation contains forward-looking statements about the business, financial condition and earnings performance of the Infineon Group. These statements are based on assumptions and projections resting upon currently available information and present estimates. They are
Slide 13: Cinfineon
Cinfineon Part of your life. Part of tomorrow.
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