DGAP-Adhoc: Dialog Semiconductor Plc.: Dialog Semiconductor expects higher than anticipated profitability in Q2 2018

DGAP-Ad-hoc: Dialog Semiconductor Plc. / Key word(s): Quarter Results 
DIALOG SEMICONDUCTOR EXPECTS HIGHER THAN ANTICIPATED PROFITABILITY IN Q2 
2018. 
 
13-Jul-2018 / 18:38 CET/CEST 
Disclosure of an inside information acc. to Article 17 MAR of the Regulation 
(EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
 
*Ad-hoc announcement in accordance with Article 17 MAR* 
 
*London, UK, 13 July 2018* - Dialog Semiconductor Plc (XETRA: DLG), expects 
higher than anticipated profitability in Q2 2018. 
 
On 9 May 2018, Dialog indicated that it expected gross margin for Q2 2018 
slightly above Q1 2018 (Q1 2018 gross margin: 46.3%; Q1 2018 underlying1 
gross margin: 47.2%). The company now expects Q2 2018 gross margin of 48.0% 
and Q2 2018 underlying1 gross margin of 48.3%. The favourable movement was 
mostly driven by manufacturing cost efficiencies partially offset by product 
mix. 
 
Additionally, in Q2 2018 the company expects operating profit of US$26 
million and underlying1 operating profit of US$42 million. 
 
*Preliminary financial overview* 
 
IFRS - US$ million        Q2 2018 Q2 20172 Change 
Revenue                       296      256    16% 
Gross margin                48.0%    48.4% -40bps 
Operating profit               26       20    31% 
Cash and cash equivalents     537      644   -16% 
 
Underlying1 - US$ million Q2 2018 Q2 2017  Change 
Revenue                       296      256    16% 
Gross margin                48.3%    48.6% -30bps 
Operating profit               42       32    33% 
 
The Company is currently finalising its Q2 2018 results for the quarter 
ended 29 June 2018 which will be published on 2 August 2018. 
 
1. Underlying measures of performance quoted in this press release are 
non-IFRS measures. Our use of underlying measures is explained on pages 156 
to 161 of our 2017 Annual Report and Accounts. Reconciliations of the 
underlying measures to the nearest equivalent IFRS measures will be 
presented in our Q2 2018 Interim report. The definitions of gross margin and 
operating margin can be found on page 35 of our 2017 Annual Report. 
 
2. With effect from 1 January 2018, we reclassified certain product 
development costs from cost of sales to research and development (R&D) 
expenses. We have re-presented Q2 2017 gross margin on a consistent basis. 
For further details of the reclassification, please refer to page 5 of the 
Q1 2018 Interim report. 
 
Contact: 
Jose Cano 
Director, Investor Relations 
[e-mail] 
[phone] 
Information and Explanation of the Issuer to this News: 
 
For further information please contact: 
 
Dialog Semiconductor 
Jose Cano 
Head of Investor Relations 
T: [phone] 
[e-mail] 
 
FTI Consulting London 
Matt Dixon 
T: [phone] 
[e-mail] 
 
FTI Consulting Frankfurt 
Anja Meusel 
T: [phone] 
[e-mail] 
 
About Dialog Semiconductor 
Dialog Semiconductor is a leading provider of integrated circuits (ICs) that 
power mobile devices and the Internet of Things. Dialog solutions are 
integral to some of today's leading mobile devices and the enabling element 
for increasing performance and productivity on the go. From making 
smartphones more power efficient and shortening charging times, enabling 
home appliances to be controlled from anywhere, to connecting the next 
generation of wearable devices, Dialog's decades of experience and 
world-class innovation help manufacturers get to what's next. 
 
Dialog operates a fabless business model and is a socially responsible 
employer pursuing many programs to benefit the employees, community, other 
stakeholders and the environment we operate in. Dialog Semiconductor plc is 
headquartered in London with a global sales, R&D and marketing organization. 
In 2017, it had approximately $1.35 billion in revenue. It currently has 
approximately 2,000 employees worldwide. The company is listed on the 
Frankfurt (FWB: DLG) stock exchange (Regulated Market, Prime Standard, ISIN 
GB0059822006) and is a member of the German TecDax index. For more 
information, visit www.dialog-semiconductor.com [1]. 
 
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 'Managing 
risk and uncertainty' 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-Jul-2018 CET/CEST The DGAP Distribution Services include Regulatory 
Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
Language: English 
Company:  Dialog Semiconductor Plc. 
          Tower Bridge House, St. Katharine's Way 
          E1W 1AA London 
          United Kingdom 
Phone:    [phone] 
Fax:      [phone] 
E-mail:   [e-mail] 
Internet: www.dialog-semiconductor.com 
ISIN:     GB0059822006 
WKN:      927200 
Indices:  TecDAX 
Listed:   Regulated Market in Frankfurt (Prime Standard); Regulated 
          Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, 
          Stuttgart, Tradegate Exchange 
 
End of Announcement DGAP News Service 
 
704641 13-Jul-2018 CET/CEST 
 
 
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=05a2d53650825c5d0ec657805ab88da2&application_id=704641&site_id=vwd&application_name=news 
 

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July 13, 2018 12:38 ET (16:38 GMT)