Infineon Technologies AG : What to expect from the CMD on 5 October?
>The guidance issued in 2018, and upgraded at the time of the Cypress acquisition, was disrupted by Covid-19 on growth but not profitability - At its last CMD in 2018, Infineon had given guidance for average FY growth over the cycles of 9% and an operating margin (defined as the ‘segment result’) of 18%. This guidance was upgraded at the time of the Cypress deal in June 2019 to 9%+ and an operating margin of 19%. The Covid-19 crisis obviously interfered with the momen...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.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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