The semiconductor firm said underlying profits were in line with market forecasts, adding that the impact of exchange-rate fluctuations had been mitigated in part by its forward currency purchasing policy.
The group also said the pricing pressure reported in January, driven by adverse dollar-yen movements, has stabilised. It added cost controls, restructuring and an improvement in process yields meant there was no material impact on profitability from the currency shifts.
In addition, the firm said it intends to recommend the payment of a maiden final dividend to shareholders for the year to June.
The company's has closed the year in a net cash position on the back of strong cash generation over the year, and said it invested
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