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Infineon Technologies AG to Propose FY 2012 Dividend; Comments on Q1 FY 2013 Guidance; Issues FY 2013 Revenue Outlook In Line with Analysts' Estimates


Wednesday, 14 Nov 2012 01:31am EST 

Infineon Technologies AG announced that its Management Board will propose to the Supervisory Board and subsequently to shareholders at the Annual General Meeting to be held in February 2013 that Infineon Technologies AG shall pay an unchanged dividend of EUR 0.12 per share for the fiscal year 2012. If approved by the Supervisory Board and the Annual General Meeting, the total dividend would amount to approximately EUR 129 million. Moreover, the Company announced that it forecasts a reduction in revenue in the first quarter of the fiscal year 2013 (Q1 FY 2013) of a low teens percentage compared to the final quarter of the fiscal year 2012. For the fourth quarter of the fiscal year 2012 the Company reported revenue of EUR 982.00 million. Based on an assumed EUR/USD exchange rate of 1.25, for the fiscal year 2013 the Company forecasts a reduction in revenue compared to the previous fiscal year 2012 by a mid- to high-single digit percentage rate. For the fiscal year 2012 the Company reported revenue of EUR 3,904.00 million. According to I/B/E/S Estimates, analysts on average are expecting the Company to report Q1 FY 2013 revenue of EUR 898.68 million and fiscal year 2013 revenue of EUR 3,714.53 million. 

Company Quote

8.963
0.093 +1.05%
11 Jul 2014