Brief: Infineon Technologies Decides To Change Target Operating Model

Decision Diagnostics

08/06/2018 13:27

June 8 (Reuters) - Infineon Technologies AG  IFXGn.DE :
    * DGAP-ADHOC: INFINEON TECHNOLOGIES AG: DECISION TO CHANGE TARGET OPERATING MODEL
    * EXPECTS REVENUE TO GROW AT LEAST IN COMING 2019 FISCAL YEAR BY A MINIMUM OF 10 PERCENT
    * FURTHER INVESTMENTS IN LOW THREE-DIGIT MILLION EURO RANGE IN TOTAL ARE PLANNED OVER COMING
YEARS
    * INFINEON TECHNOLOGIES - FOR FISCAL YEARS FOLLOWING THIS PHASE OF ACCELERATED GROWTH,
COMPANY
ASSUMES THAT REVENUE WILL GROW AT AVERAGE ANNUAL RATE OF 9 PERCENT, CORRESPONDING TO AN
INVESTMENT-TO-SALES RATIO OF 15 PERCENT
    * ANY INCREASE/DECREASE IN PLANNED REVENUE GROWTH WILL, FOR EACH PERCENTAGE POINT, CAUSE A
SLIGHTLY LESS PRONOUNCED CHANGE IN INVESTMENT-TO-SALES RATIO
    * INFINEON - TO INVEST APPR. EUR700 MILLION IN FRONT-END CLEANROOMS AND LARGER-SCALE OFFICE
BUILDINGS DURING 5-YEAR PLANNING PERIOD
    * AIM OF THESE MEASURES IS TO ENSURE AVAILABILITY OF NECESSARY PRODUCTION CAPACITY UP TO
ABOUT
MIDDLE OF NEXT DECADE
    * INFINEON TECHNOLOGIES - IT IS CURRENTLY FORECAST THAT, BY THAT TIME, MORE THAN HALF OF
POWER
SEMICONDUCTORS PRODUCED BY COMPANY WILL BE MANUFACTURED ON 300 MM WAFERS (IN DRESDEN (GERMANY)
AND VILLACH)
    * PLANS TO GRADUALLY RAISE SEGMENT RESULT MARGIN FROM ITS CURRENT TARGET LEVEL OF 17 PERCENT

Source text for Eikon:  ID:nEQ2QxcLSa 
Further company coverage:  IFXGn.DE 

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