INFINEON: Solid FQ4 results and guidance for 2019e above expectations | BUY | EUR26.7
INFINEON - BUY | EUR26.7Solid FQ4 results and guidance for 2019e above expectations
Solid FQ4 revenue growth partly supported by a stronger dollar
PMM growth was particularly strong in FQ4
FY 2019e guidance above expectations
Infineon Technologies is a semiconductor manufacturing company. The Automotive segment designs, develops, manufactures and markets semiconductors for use in automotive applications. The Industrial Power Control segment designs, develops, manufactures and markets semiconductors for the generation, transmission and economy in the use of electrical energy. The Power Management & Multimarket segment designs, develops, manufactures and markets semiconductors for power supplies, mobile devices and mobile phone network infrastructures. The Chip Card & Security segment designs, develops, manufactures and markets semiconductor-based security products for card applications and networked systems.
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
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