Infineon hikes 2023 sales, margin outlook, shares rise

Mar 29, 2023 — The group now expects 2023 sales significantly above the 15.5 billion euros ($16.8 billion) forecast previously, up from 14.2 billion last year. Higher prices and lower-than-expected energy costs will also lead to a second-quarter segment results margin in the high twenties percentage range, above the 25% it had expected.