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IFX - Infineon Technologies AG News Story

€31.27 0.6  2.1%

Last Trade - 12:05pm

Sector
Technology
Size
Large Cap
Market Cap £34.26bn
Enterprise Value £37.47bn
Revenue £8.59bn
Position in Universe 36th / 1053

BRIEF-Infineon Says To Adjust Guidance After Cypress Acquisition

Tue 12th November, 2019 10:56am
Nov 12 (Reuters) - Infineon  IFXGn.DE :
    * SAYS WE WILL ADJUST OUR GUIDANCE AFTER CYPRESS  CY.O  ACQUISITION; WON'T SAY TODAY INTO
WHICH
DIRECTION - CALL
    * SAYS WE DON'T SEE LARGER ACQUISITIONS IN NEAR TERM, SMALLER ACQUISITIONS ARE POSSIBLE
    * SAYS WE WANT TO KEEP DIVIDENDS STABLE AT LEAST IN FUTURE - CFO


Further company coverage:  IFXGn.DE 

 (Reporting by Berlin Speed Desk)
 ((berlin.newsroom@thomsonreuters.com; +49 30 2888 5156;))
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