BERLIN (Reuters) - Infineon said on Tuesday that it expected "subdued" performance in 2025, having posted fourth-quarter revenue that was broadly in line with a company-compiled consensus.
"With the exception of artificial intelligence, our end markets are currently offering hardly any growth impetus and the cyclical recovery is delayed," said CEO Jochen Hanebeck. "We are therefore preparing for a subdued business performance in 2025."
Infineon posted fourth-quarter revenue of 3.919 billion euros ($4.17 billion) on Tuesday, broadly in line with the 4 billion forecast in a company-provided consensus.
($1 = 0.9403 euros)
(Reporting by Hakan Ersen, Writing by Friederike Heine, Editing by Rachel More)