Dialog Semiconductor Plc. / Preliminary Results
13.01.2010
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Trading Update
Dialog Semiconductor Achieves Substantial Year on Year Revenue Growth for
2009
Company expects to report 2009 FY revenue of approximately $218 million,
achieving approximately 34% growth over 2008
Kirchheim/Teck, Germany, 13 January 2010 - Dialog Semiconductor plc (FWB:
DLG), a leading provider of high integrated innovative power management
semiconductor solutions announces that it has achieved year-on-year revenue
growth of approximately 34% for the year ended 31 December 2009 and expects
to report revenue for the same period of approximately $218 million.
Dialog expects to report revenue for Q4 2009 of approximately $78m.
Dialog is also pleased to announce that its cash, cash equivalents and
restricted cash balances have increased in Q4 2009 by an estimated $77
million to stand at an estimated $124 million at 31 December 2009. Of this
increase, $59.7 million originates from the Company's successful
international equity offering which closed in Q4 2009.
The Company is currently finalising its Q4 2009 results and will publish
full and audited results for the year ended 31 December 2009 on Thursday,
11 February 2010.
Dialog Semiconductor will hold a Q4 2009 and FY 2009 results conference
call on 11 February 2010 at 10:00 CET / 09:00 UK time. Dialog Semiconductor
invites you to take part in this call and to listen to management's
discussion of the Company's Q4 and full year 2009 performance.
To access the call, please use the following dial-in numbers: Germany +49
(0) 6103-485-3002, UK +44-207-153-2027, USA +1-480-629-9726, with no access
code required. An instant replay facility will be available for 30 days
after the call and can be accessed at +49-6958-999-0568 with access code
142537#. An audio replay of the conference call will also be posted soon
thereafter on the company's website at:
http://www.diasemi.com/investor_relations.php
Information and Explaination of the Issuer to this News:
For further information please contact:
Dialog Semiconductor Financial Dynamics-London FD-Frankfurt
Neue Straße 95 Matt Dixon Claudine Schaetzle
D-73230 Kircheim/Teck T +44 20 7269 7214 T +49 69 920 37 185
Germany matt.dixon@fd.com claudine.schaetzle@fd.com
T +49-7021-805-412
F +49-7021-805-200
dialog@fd.com
www.dialog-semiconductor.com
Note to editors:
Dialog Semiconductor creates energy-efficient, highly integrated,
mixed-signal circuits optimised for personal mobile, lighting & display and
automotive applications. The company provides flexible and dynamic support,
world-class innovation and the assurance of dealing with an established
business partner.
With its unique focus and expertise in system power management, Dialog
brings decades of experience to the rapid development of integrated
circuits for power management, audio, display processing and motor control.
Dialog's processor companion chips are essential for enhancing both the
performance of hand-held products and the consumers' multimedia experience.
With world-class manufacturing partners, Dialog operates a fabless business
model.
Dialog Semiconductor plc is headquartered near Stuttgart with a global
sales, R&D and marketing organisation. In 2009, it had approximately $218
million in revenue and was one of the fastest growing European public
semiconductor companies. It currently has approximately 335 employees. The
company is listed on the Frankfurt (FWB: DLG) stock exchange.
Forward Looking Statements:
This press release contains 'forward-looking statements' that reflect
management's current views with respect to future events. The words
'anticipate,' 'believe,' 'estimate, 'expect,' 'intend,' 'may,' 'plan,'
'project' and 'should' and similar expressions identify forward-looking
statements. Such statements are subject to risks and uncertainties,
including, but not limited to: an economic downturn in the semiconductor
and telecommunications markets; changes in currency exchange rates and
interest rates, the timing of customer orders and manufacturing lead times,
insufficient, excess or obsolete inventory, the impact of competing
products and their pricing, political risks in the countries in which we
operate or sale and supply constraints. If any of these or other risks and
uncertainties occur (some of which are described under the heading 'Risks
and their management' in Dialog Semiconductor's most recent Annual Report)
or if the assumptions underlying any of these statements prove incorrect,
then actual results may be materially different from those expressed or
implied by such statements. We do not intend or assume any obligation to
update any forward-looking statement which speaks only as of the date on
which it is made, however, any subsequent statement will supersede any
previous statement.
13.01.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: Dialog Semiconductor Plc.
Tower Bridge House, St. Katharine's Way
E1W 1AA London
Großbritannien
Phone: +49 7021 805-412
Fax: +49 7021 805-200
E-mail: birgit.hummel@diasemi.com
Internet: www.diasemi.com
ISIN: GB0059822006
WKN: 927200
Indices: TecDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Düsseldorf, Stuttgart, Hamburg
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