DGAP-Adhoc: Dialog Semiconductor Plc.: Dialog Semiconductor Expects Higher than Anticipated Profitability in Q1 2019

DGAP-Ad-hoc: Dialog Semiconductor Plc. / Key word(s): Quarter Results 
DIALOG SEMICONDUCTOR EXPECTS HIGHER THAN ANTICIPATED PROFITABILITY IN Q1 
2019 
 
24-Apr-2019 / 23:19 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. 
 
*London, UK, 24 April 2019* - Dialog Semiconductor Plc (XETRA: DLG), expects 
higher than anticipated profitability in Q1 2019. 
 
On 6 March 2019, Dialog indicated that it expected gross margin for Q1 2019 
to be broadly in line with FY 2018 (FY 2018 gross margin: 47.9%; FY 2018 
underlying1 gross margin: 48.3%). The Company now expects Q1 2019 gross 
margin of approximately 49.3% and Q1 2019 underlying1 gross margin of 
approximately 49.6%. Both measures include 80bps positive impact from 
non-recurring items. The remaining favorable movement was mostly driven by 
product mix and lower manufacturing costs. 
 
Additionally, in Q1 2019 the Company expects operating profit of 
approximately US$25 million and underlying1 operating profit of 
approximately US$47 million. Both measures include other operating income of 
approximately US$4 million, comprising income from specific non-recurring 
engineering contracts. 
 
In Q1 2019, the Company expects revenue of approximately US$295 million. At 
29 March 2019, the Company had US$690 million of cash and cash equivalents. 
 
The Company will publish its results for the quarter ended 29 March 2019 on 
9 May 2019. 
 
*** 
 
1. Underlying measures of performance quoted in this announcement are 
non-IFRS measures. Our use of underlying measures is explained on pages 156 
to 161 of our 2018 Annual Report and Accounts. Reconciliations of the 
underlying measures to the nearest equivalent IFRS measures will be 
presented in our Q1 2019 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 in which we operate. Dialog Semiconductor 
Plc is headquartered in London with a global sales, R&D and marketing 
organization. In 2018, it had approximately $1.44 billion in revenue. It 
currently has approximately 1,850 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 and MDAX 
indices. 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. 
 
24-Apr-2019 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:     MDAX, TecDAX 
Listed:      Regulated Market in Frankfurt (Prime Standard); Regulated 
             Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, 
             Munich, Stuttgart, Tradegate Exchange 
EQS News ID: 803159 
 
End of Announcement DGAP News Service 
 
803159 24-Apr-2019 CET/CEST 
 
 
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=05a2d53650825c5d0ec657805ab88da2&application_id=803159&site_id=vwd&application_name=news 
 

(END) Dow Jones Newswires

April 24, 2019 17:19 ET (21:19 GMT)