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Technology Stocks : Infineon Technologies
IFNNY 39.74-0.2%Oct 30 3:50 PM EDT

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From: mlkr12/18/2009 2:09:19 PM
   of 50
 
Restore profitability and dividends?
Stock : Infineon Technologies AG (ADS) (IFNNY)
Quote : 5.09 0.19 (3.88%) @ 8:34AM
noad



Infineon:Operating Profit Growth To Top Sales Growth Beyond FY10

DUESSELDORF -(Dow Jones)- German semiconductor company Infineon Technologies AG (IFX.XE) said it expects its operating profit growth to exceed sales growth beyond fiscal 2010.

This trend is based on the assumption of continued revenue growth, Infineon said in a 20F filing to U.S. Securities and Exchange Commission.

It was the first time the Neubiberg, Germany-based company elaborated on its business prospects beyond fiscal 2010, ending Sept. 30, 2010.

Company Web site: www.infineon.com

-By Archibald Preuschat and Philipp Grontzki, Dow Jones Newswires; +49 211 13872 18; archibald.preuschat@dowjones.com


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