Infineon Technologies AG

Earnings Release • Jan 20, 2006

News Details

Ad-hoc | 20 January 2006 16:24

Infineon Technologies AG: Key figures for first financial quarter 2006

Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— Infineon announces key figures for the financial first quarter 2006 Munich, Germany – January 20, 2006 – Infineon Technologies AG (FSE/NYSE:IFX) today announced key figures for the first quarter of the 2006 financial year. The company has recorded revenues of Euro 1.67 billion and an EBIT loss of Euro 122 million. The net loss was Euro 183 million with a loss per share of Euro 0.25. Within the business groups, the performance of the two logic segments was ahead of internal as well as average analyst expectations. The Automotive, Industrial and Multimarket segment posted revenues of Euro 652 million and an EBIT of Euro 51 million. The Communication segment saw revenues of Euro 334 million and a negative EBIT of Euro 21 million. Together, the two logic segments recorded sales of Euro 986 million and an overall positive EBIT of Euro 30 million prior to inclusion of Other Operating Segments and Corporate and Reconciliation. The favourable development of the two logic segments could not offset a significant deterioration of the EBIT in Memory Products, mainly due to the strong decrease in average selling prices, in particular for DDR2 memories. Revenues of the Memory Products segment were Euro 678 million with an EBIT loss of Euro 118 million. Infineon Technologies AG St.-Martin-Str. 53 81669 München Deutschland ISIN: DE0006231004 (DAX) WKN: 623100 Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin- Bremen, Düsseldorf, Hamburg, Hannover, München und Stuttgart; NYSE End of ad hoc announcement (c)DGAP 20.01.2006 Issuer’s information/explanatory remarks concerning this ad hoc announcement: Today, Infineon will not provide further details. The company will announce complete results for the first quarter of the 2006 financial year as well as an outlook for the current quarter on January 24, 2006. The same day, Infineon will host a telephone conference with analysts and investors at 10:00 a.m. Central European Standard Time (CET), and with media at 11:30 a.m. (CET). Both conference calls will be available live and for download on Infineon’s web site at http://www.infineon.com. End of message (c)DGAP