EQS-Adhoc: Infineon Technologies AG: Court-appointed expert submits opinion in the Qimonda legal dispute
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EQS-Ad-hoc: Infineon Technologies AG / Key word(s): Legal Matter Neubiberg, 8 January 2024 – Court-appointed expert submits opinion in the Qimonda legal dispute In the legal dispute between the insolvency administrator of Qimonda AG and Infineon Technologies AG, which has been pending at Munich Regional Court I since the end of 2010, the court-appointed expert has now submitted his opinion. In 2006, Infineon carved out its memory business and transferred it to Qimonda by way of two contributions in kind. At the beginning of 2009, Qimonda filed for insolvency at the Munich Local Court. The insolvency administrator claims, among other things, that the memory business carved out by Infineon was not recoverable and is suing for reimbursement of the difference to the issue amounts of the shares issued to Infineon in the course of the carve-out of Qimonda (liability for impairment of capital - “Differenzhaftung”). The expert determines a negative value of €-72.3 million for the domestic business and a negative value of €-1,045.4 million for the foreign business. The value of the memory business transferred by Infineon to Qimonda, as now determined by the expert, is therefore by an amount of €1,717.7 million below the relevant values for the contributions in kind totaling €600 million. The submission of the opinion represents an interim step in the pending legal dispute. The amount of potential liability of Infineon depends on other aspects. In particular, the value of contributed limited liability shares in principle cannot be negative, as is also mentioned in the opinion; this would significantly, i.e. by an amount of €1,045.4 million, reduce the liability for impairment of capital for the foreign business. It was also not the subject of this expert opinion to determine the liquidation values, which in Infineon's view reach at least the values required for the contributions in kind and thus exclude the liability for impairment of capital alleged by the insolvency administrator. Infineon will examine the opinion now submitted in detail. Contact: Alexander Foltin, Investor Relations, phone: +49 89 234-23766, fax: +49 89 234-9559847 End of Inside Information
08-Jan-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| 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, XS2194283839, XS2194192527, US45662N1037 |
| WKN: | 623100, A2YN1J, A2YN1H, A3MQS8, A3E44V, 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: | 1810427 |
| End of Announcement | EQS News Service |
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1810427 08-Jan-2024 CET/CEST
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 | ||||||||
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025e | ||
| Sales1 | 8.000,00 | 8.567,00 | 11.060,00 | 14.218,00 | 16.309,00 | 14.955,00 | 14.662,00 | |
| EBITDA1,2 | 2.360,00 | 1.841,00 | 2.983,00 | 4.509,00 | 5.773,00 | 4.055,00 | 3.432,00 | |
| EBITDA-Margin3 | 29,50 | 21,49 | 26,97 | 31,71 | 35,40 | 27,12 | 23,41 | |
| EBIT1,4 | 1.380,00 | 581,00 | 1.470,00 | 2.845,00 | 3.948,00 | 2.190,00 | 1.515,00 | |
| EBIT-Margin5 | 17,25 | 6,78 | 13,29 | 20,01 | 24,21 | 14,64 | 10,33 | |
| Net Profit (Loss)1 | 1.080,00 | 368,00 | 1.169,00 | 2.179,00 | 3.137,00 | 1.301,00 | 1.015,00 | |
| Net-Margin6 | 13,50 | 4,30 | 10,57 | 15,33 | 19,24 | 8,70 | 6,92 | |
| Cashflow1,7 | 1.605,00 | 1.811,00 | 3.065,00 | 3.980,00 | 3.960,00 | 2.780,00 | 3.217,00 | |
| Earnings per share8 | 0,75 | 0,26 | 0,87 | 1,65 | 2,38 | 0,97 | 0,76 | |
| Dividend per share8 | 0,27 | 0,22 | 0,27 | 0,32 | 0,35 | 0,35 | 0,35 | |
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 | 47.391,88 Mio € | 13.03.2000 | Kaufen | 8FWH3JH7+XG |
| PE 2026e | PE 10Y-Ø | BGFL-Ratio | Shiller-PE | PB | PCF | KUV |
| 31,56 | 29,23 | 1,08 | 34,73 | 2,96 | 14,73 | 3,23 |
|
Dividend '2023 in € |
Dividend '2024 in € |
Dividend '2025e in € |
Div.-Yield '2025e in % |
| 0,35 | 0,35 | 0,35 | 0,96% |
| Annual General Meeting | Q1-figures | Q2-figures | Q3-figures | Annual press conference |
| 19.02.2026 | 04.02.2026 | 06.05.2026 | 05.08.2026 | 28.11.2025 |
| Distance 60-days-line | Distance 200-days-line | Performance YtD | Performance 52 weeks | IPO |
| +6,16% | +7,16% | +15,57% | +9,90% | +3,69% |
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