Infineon Technologies AG · XETR:IFX
Infineon Technologies — Shareholder Meeting (February 2006)
27 slides from Infineon Technologies's shareholder meeting presentation, Feb 16, 2006
Slide 1: Annual General Meeting Infineon Technologies AG
Annual General Meeting Infineon Technologies AG Munich, February 16, 2006 Infineon Dr. Wolfgang Ziebart President & CEO Infineon Technologies AG
Slide 2: Price decline of 50 percent for memory products in the course of the year
Price decline of 50 percent for memory products in the course of the year 512M DDR2 400/533 256M DDR 400 $5,50 $4,50 $3,50 $2,50 $1,50 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 05 05 05 05 05 05 05 05 05 05 05 05
Slide 3: Fiscal year 2005 sales and results
Fiscal year 2005 sales and results (according to US GAAP in EUR m) FY 2004 FY 2005 Net sales 7.195 6.759 Sales growth (%) (6) EBIT 256 (183) Net income (loss) 61 (312)
Slide 4: Four steps on the way to profitable growth
Four steps on the way to profitable growth Strategic Realignment Consolidation Reorganization Smart Savings
Slide 5: Four steps on the way to profitable growth
Four steps on the way to profitable growth Strategic Realignment Consolidation Reorganization Smart Savings
Slide 6: Four steps on the way to profitable growth
Four steps on the way to profitable growth Strategic Realignment Consolidation Reorganization Smart Savings
Slide 7: Four steps on the way to profitable growth
Four steps on the way to profitable growth Strategic Realignment Consolidation Reorganization Smart Savings
Slide 8: Design-Wins for mobile phones: First revenues not until the end of fiscal year 2006
Design-Wins for mobile phones: First revenues not until the end of fiscal year 2006 3G Feature Phones EDGE Feature Phones Ultra-Low- Cost-Phones FY FY FY 2005 2006 2007
Slide 9: Losses in Communication segment significantly reduced
Losses in Communication segment significantly reduced EBIT COM [in EUR m] -21 -46 -88 -142 Q2 FY 05 Q3 FY 05 Q4 FY 05 Q1 FY 06
Slide 10: Four steps on the way to profitable growth
Four steps on the way to profitable growth Strategic Realignment Consolidation Reorganization Smart Savings
Slide 11: Success through focussing
Success through focussing Clear profile for shareholders Better adaption to customers Distinct vision for employees
Slide 12: We have the best technology
We have the best technology 45,9°C Infineon COMP 2: 46,1 Infineon: 38,0 Competitor 20% cooler Chipset 28,3°C
Slide 13: We have the best chip design
We have the best chip design 100/110nm generation Infineon Elpida Micron Samsung Hynix 86 mm ² 90 mm ² 91 mm ² 98 mm ² 108 mm ² 90nm generation Infineon Elpida Samsung Hynix 65 mm ² 68mm² 70 mm ² 73 mm ²
Slide 14: Leading in 300-mm DRAM production
Leading in 300-mm DRAM production Market share in 2004
Slide 15: DRAM: Number 4 in sales, Number 2 in bit shipments
DRAM: Number 4 in sales, Number 2 in bit shipments Revenues [USD bn] Bit-shipment [256M equ. Mio] 0,0 0,5 1,0 1,5 2,0 2,5 0 200 400 600 1. Samsung 1. Samsung 2. Hynix 2. Infineon 16,1% 3. Micron 3. Hynix 4. Infineon 13,9% 4. Micron 5. Elpida 5. Nanya 6. Nanya 6. Powerchip 7. Powerchip 7. Elpida 8. P
Slide 16: CoolMOS: Efficient use of energy with power transistors
CoolMOS: Efficient use of energy with power transistors
Slide 17: TriCore: Improvements in fuel efficiency with intelligent microcontrollers
TriCore: Improvements in fuel efficiency with intelligent microcontrollers 11 l per 100 km 5 l per 100 km Seventies 2005
Slide 18: VDSL2: Television, telephone and data transfer via a single line
VDSL2: Television, telephone and data transfer via a single line Voice, Data, Video via one net VDSL2
Slide 19: More security with chip cards from Infineon
More security with chip cards from Infineon Secure Secure Payment Identification Secure Mobile Trusted Computing Communication
Slide 20: Smarti3G: Phoning through all UMTS networks worldwide
Smarti3G: Phoning through all UMTS networks worldwide World‘s first radio frequency transceiver to support all six frequencies of the 3G standard Can be used in every UMTS telephone worldwide
Slide 21: Sales and results first quarter fiscal year 2006
Sales and results first quarter fiscal year 2006 (according to US GAAP in EUR m) Q4 2005 Q1 2006 Net sales 1.731 1.674 Sales growth (%) (3) EBIT (43) (122)
Slide 22: Strong price decline of DDR2 memories in first quarter fiscal year 2006
Strong price decline of DDR2 memories in first quarter fiscal year 2006 $2,70 512M DDR2 400/533 $2,50 $2,30 $2,10 $1,90 $1,70 Sep 05 Oct 05 Nov 05 Dec 05 Jan 06
Slide 23: Priorities for the current fiscal year
Priorities for the current fiscal year Successful rehabilitation of the loss-making businesses Successful separation into two focussed Grow faster than the market in particular successful areas
Slide 24: Infineon Annual General Meeting - CFO
Annual General Meeting Infineon Technologies AG Munich, February 16, 2006 Infineon Peter J. Fischl CFO Infineon Technologies AG
Slide 25: EBIT – earnings before interest and taxes
Ebit – earnings before interest and taxes [EUR m] FY 2004 Ebit FY 2005 + 256 0 Ebit - 183 - 675 Ebit + 247 - 74 + 63 Special Gross balance R&D items and SG&A expen- Others expenses ses
Slide 26: Consolidated balance sheets
Consolidated balance sheets – current and non-current assets, liabilities and equity * Current Assets and Liabilities and Equity Non-current Assets 5.292 4.886 Mio. EUR 4.574 4.655 Mio. EUR 5.572 5.710 5.978 5.629 2004 2005 2004 2005 Non-current Current Assets Equity Liabilities Assets * according t
Slide 27: Solid financial structure
Solid financial structure FY 05 Sept 30, 2005 [EUR m] [EUR m] Operating Cash Flow 1,039 Gross Net Financial Cash Cash Liabilities 2,006 341 1,665 Capex (1,368) 633 Other investments (1) 48 690 243 99 Free Cash Flow (281) 4.25% convertible due Feb. 2007 5.00% convertible due Juni 2010 Other long-term
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