Dialog Semiconductor Plc.: Dialog Semiconductor Achieves Substantial Year on Year Revenue Growth for 2009
Jan 10 08:00
Dialog Semiconductor Plc. / Preliminary Results
13.01.2010
Dissemination of an Ad hoc announcement according to §
15 WpHG, transmitted by DGAP - a company of EquityStory
AG.
The issuer is solely responsible for the content of
this announcement.
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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
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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
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| Language: | | English | | Phone: | | +49 7021 805-412 | | Fax: | | +49 7021 805-200 | | E-mail: | | birgit.hummel@diasemi.com | | WWW: | | www.diasemi.com | | ISIN: | | GB0059822006 | | WKN: | | 927200 | | Indices: | | TecDAX | | Listed: | | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, München, Düsseldorf, Stuttgart, Hamburg | | | | End of News | | DGAP News-Service |
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