standard) and should
lead to structurally higher margins.
IIDespite c40% performance YTD, at 24x CY18 P/E Infineon's
outperformance over the industry and share gains vs peers are not truly ... Source: Company data
RMG dividend yield (CY18) looks less impressive vs. peers
10%
0%
1%
2%
3%
EFTA01432938
4%
5%
6%
7%
8%
9%
Royal Mail
Austrian Post
Source: Deutsche