Infineon Tech AG (IFNNY) Q4 2025 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Infineon Technologies Ag.

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.158 conference here on our site, in our video studio and on our live 00:00:05.158 -- 00:00:10.001 stream. We are glad you could join us. Infineon 00:00:10.144 -- 00:00:15.171 met expectations in the 2025 fiscal year despite challenging macroeconomic 00:00:15.171 -- 00:00:20.277 and geopolitical conditions. The year was characterized by prolonged weakness in the 00:00:20.277 -- 00:00:25.324 majority of our target markets. End customers and distribution partners have significantly 00:00:25.324 -- 00:00:30.351 reduced their inventory levels. In view of geopolitical instability, and 00:00:30.351 -- 00:00:35.399 the ongoing turbulence of tariffs, our customers are cautious about the 00:00:35.399 -- 00:00:40.727 future development of demand. This has led to last-minute ordering 00:00:40.727 -- 00:00:42.871 behavior for semiconductors. 00:00:42.871 -- 00:00:44.774 In addition, unfavorable 00:00:44.774 -- 00:00:49.762 currency effects have slowed our revenue growth for several quarters now. 00:00:49.762 -- 00:00:54.548 Given the ongoing geopolitical and tariff-related uncertainties, it is difficult to predict 00:00:54.548 -- 00:01:00.116 how strong and how broad the upturn in the semiconductor markets will be in the 2026 00:01:00.116 -- 00:01:05.623 fiscal year. Therefore, we are adopting a prudent outlook. 00:01:05.623 -- 00:01:09.927 Our priorities at Infineon remain unchanged. 00:01:09.927 -- 00:01:14.933 Firstly, we are leveraging existing opportunities for profitable growth and are 00:01:14.933 -- 00:01:18.638 expanding our production capacities in a very targeted manner to this end. 00:01:18.638 -- 00:01:23.443 Secondly, we are making focused and forward-looking investments in future technologies 00:01:23.443 -- 00:01:28.450 and in our e...