Infineon Technologies AG
ISIN: DE0006231004
WKN: 623100
22 August 2024 08:50PM

EQS-Adhoc: Infineon Technologies AG: Infineon Technologies AG and Qimonda insolvency administrator reach settlement to bring legal dispute to an end by mutual agreement

Infineon Technologies AG · ISIN: DE0006231004 · EQS - adhoc news
Country: Germany · Primary market: Germany · EQS NID: 1973449

EQS-Ad-hoc: Infineon Technologies AG / Key word(s): Legal Matter/Scheme of Arrangement
Infineon Technologies AG: Infineon Technologies AG and Qimonda insolvency administrator reach settlement to bring legal dispute to an end by mutual agreement

22-Aug-2024 / 20:50 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Neubiberg, 22 August 2024 – Infineon Technologies AG and Qimonda insolvency administrator reach settlement to bring legal dispute to an end by mutual agreement

Infineon Technologies AG (ISIN: DE0006231004) and the insolvency administrator of Qimonda AG have agreed on a settlement. This brings to an end the legal dispute pending at Munich Regional Court I since the end of 2010, in which the insolvency administrator had claimed an amount of around EUR 3.4 billion plus interest.

The settlement agreement provides for a payment of EUR 753.5 million. The amount consists of a nominal settlement amount of EUR 800 million less set-off amounts from previous agreements with the insolvency administrator.

The Supervisory Board of Infineon has approved the settlement today; the creditors' committee of Qimonda AG and the Management Board of Infineon had already given their approval beforehand. The parties have agreed to have the settlement determined by the court.

With the settlement agreement, all legal disputes and claims of the insolvency administrator against Infineon are settled.

As a result of the payments, Infineon will utilize the provisions set aside for the legal dispute. The amount in excess of this will have a negative impact on earnings and cash flow from discontinued operations. The payment will be made from available funds. The above amounts are before deduction of taxes.


Contact:
Alexander Foltin, Investor Relations, phone: +49 89 234-23766, fax: +49 89 234-9559847


End of Inside Information

22-Aug-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Infineon Technologies AG
Am Campeon 1-15
85579 Neubiberg
Germany
Phone: +49 (0)89 234-26655
Fax: +49 (0)89 234-955 2987
E-mail: investor.relations@infineon.com
Internet: www.infineon.com
ISIN: DE0006231004, XS2056730679, XS2056730323, XS2443921056, XS2194283672, XS2767979052, XS2194283839, XS2194192527, US45662N1037
WKN: 623100, A2YN1J, A2YN1H, A3MQS8, A3E44V, A35129, A3E44W, A3E44X, 936207
Indices: DAX, TecDAX, EURO STOXX 50
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; OTC QX, Luxembourg Stock Exchange
EQS News ID: 1973449

 
End of Announcement EQS News Service

1973449  22-Aug-2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1973449&application_name=news&site_id=boersengefluester~~~ace3d64b-2049-452a-8d18-fbc8044c4b5f

Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.

The most important financial data at a glance
  2018 2019 2020 2021 2022 2023 2024e
Sales1 7.599,00 8.000,00 8.567,00 11.060,00 14.218,00 16.309,00 14.955,00
EBITDA1,2 2.330,00 2.360,00 1.841,00 2.983,00 4.509,00 5.773,00 4.055,00
EBITDA-Margin3 30,66 29,50 21,49 26,97 31,71 35,40 27,12
EBIT1,4 1.469,00 1.380,00 581,00 1.470,00 2.845,00 3.948,00 2.190,00
EBIT-Margin5 19,33 17,25 6,78 13,29 20,01 24,21 14,64
Net Profit (Loss)1 1.075,00 1.080,00 368,00 1.169,00 2.179,00 3.137,00 1.301,00
Net-Margin6 14,15 13,50 4,30 10,57 15,33 19,24 8,70
Cashflow1,7 1.575,00 1.605,00 1.811,00 3.065,00 3.980,00 3.960,00 2.780,00
Earnings per share8 0,95 0,75 0,26 0,87 1,65 2,38 0,98
Dividend per share8 0,27 0,27 0,22 0,27 0,32 0,35 0,35
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

Auditor: Deloitte

All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.

INVESTOR-INFORMATION
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Infineon
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
623100 DE0006231004 AG 40.992,86 Mio € 13.03.2000 8FWH3JH7+XG
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
37,82 26,57 1,42 34,12 2,63 14,75 2,74
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
0,32 0,35 0,35 1,12%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
20.02.2025 04.02.2025 08.05.2025 05.08.2025 13.11.2025
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
-1,54%
31,39 €
ATH 93,60 €
+2,22% -3,22% -16,96% -16,56% -10,31%

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