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1 week ago | 
boersen-zeitung.de | Stefan Kroneck
Infineon is expanding its core activities in the field of automotive applications with an acquisition in the USA. The semiconductor company from Neubiberg near Munich has announced that it is acquiring the automotive ethernet business of Marvell Technology for 2.5 billion dollars in cash. The acquisition will be financed through equity and bank loans. Infineon intends to strengthen its activities for software-controlled vehicles with this step.
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2 weeks ago | 
boersen-zeitung.de | Stefan Kroneck
Increasing costs in property and casualty insurance have hit the Nürnberger insurance group hard. At its annual results presentation, the company reported a loss of 77 million euros for 2024 – the largest deficit in its corporate history. Write-downs on deferred tax assets in the property and casualty segment contributed to the poor result. The net loss was in line with the profit warning issued at the end of November last year.
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3 weeks ago | 
boersen-zeitung.de | Stefan Kroneck
For a long time, BMW was considered an outsider among automakers in the transition to electromobility, due to its concept of „technological openness“. The Munich-based company’s strategy is based on producing battery-powered vehicles on the same assembly line as conventional combustion engine cars. When Mercedes-Benz and the Volkswagen Group failed with their opposing concepts of separate EV production lines, they pivoted to BMW's more cost-effective and flexible approach.
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1 month ago | 
boersen-zeitung.de | Stefan Kroneck
Reinsurers have reason to laugh at the moment. Despite increasing geopolitical tensions, the growing risks of climate change and, most recently, devastating losses from natural disasters, the big three – Munich Re, Swiss Re and Hannover Re – are making a fortune. However, the capital markets are increasingly asking whether the favourable situation in the sector will continue, or whether it will come to an end in the foreseeable future.
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1 month ago | 
boersen-zeitung.de | Stefan Kroneck
The EU Commission is not only quick to learn in relation to the current geopolitical upheavals, but also in relation to the automotive industry. Commission President Ursula von der Leyen and her team are taking the right approach by granting EU car manufacturers more time to fulfil stricter CO2 emission limits for their vehicle fleets. The timeframe for the targets was already very ambitious.
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2 months ago | 
boersen-zeitung.de | Stefan Kroneck
There is hardly any other sector of the economy in which it is more difficult for companies to make predictions or forecasts than the chip industry. This is not only due to the volatile and capital-intensive nature of the electronic microcomponent business per se, but above all to the increasing globalisation of activities. This makes the early-cycle semiconductor industry even more vulnerable to unexpected disruptions of all kinds, which economists refer to as „exogenous“ shocks.
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2 months ago | 
boersen-zeitung.de | Stefan Kroneck
Defeatism is spreading in Germany. The reason for this is the weakness of the economy. There are fears that the oscillation between stagnation and recession in the EU's largest economy will become permanent. If even the country's elites, and this includes above all the leading politicians in Berlin and those responsible for large and medium-sized companies, doubt that tried and tested virtues will be enough to lead the economy out of the current trough, then the German economy is in a bad way.
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2 months ago | 
boersen-zeitung.de | Stefan Kroneck
Jochen Hanebeck is working under the pressure of high expectations for the future. When the CEO of Infineon Technologies presents the figures for the past quarter on 4 February, they are likely to be weak. Compared to the previous three-month period, i.e. from July to September 2024, analysts expect a decline in sales of almost 20%, and a disproportionately large drop in operating profit of more than 40%.
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Jan 23, 2025 | 
boersen-zeitung.de | Stefan Kroneck
March 12, 2025, will not be a shining moment for Lutz Meschke. The CFO and Vice-CEO of Porsche AG is expected to present a weak earnings report for 2024 on this day. After the recent announcement of a decline in sales, the corporate leadership will likely reveal a substantial drop in turnover and profit. Meschke's profit warning in the summer of 2024 gave investors a preview of what to expect.
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Jan 17, 2025 | 
boersen-zeitung.de | Stefan Kroneck
The moment of truth is near for Porsche. When the sports car maker reveals its preliminary financial results for last year on Tuesday, they are expected to be disappointing. The premium brand from Stuttgart-Zuffenhausen is likely to have seen its operating group earnings drop to a range of 5.5 billion to 6 billion euros, which would represent a decline to the level of 2021. At that time, the company, which is majority owned by Volkswagen, generated 5.3 billion euros.
