Dialog Semiconductor Plc. / Preliminary Results
19.01.2009
Release of a Adhoc News, 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 2008 REVENUE TO BE IN LINE WITH EXPECTATIONS
- FY 2008 revenue to show substantial Year on Year growth as planned -
Kirchheim/Teck, Germany, 19 January 2009 Dialog Semiconductor plc (FWB:
DLG), a leading provider of power management semiconductor solutions is
pleased to announce that it expects to report revenue performance for the
year ended 31 December 2008 that is in line with management expectations
and, as anticipated, will show substantial growth over the prior year.
In addition, the Company confirms that it continues to expect Q4 2008
revenue to show a sequential increase over the level reported for Q3 2008.
Dialog is also pleased to announce that its cash and cash equivalents
balance has increased in Q4 2008 by $5.5 million to stand at an estimated
$36.9 million at 31 December 2008 and that the Company remains debt free
with unused credit facilities.
The Company is currently finalising its Q4 2008 results and will publish
full and audited results for the year ended 31 December 2008 on Wednesday,
25 February 2009.
Dialog Semiconductor will hold a Q4 2008 and FY 2008 results conference
call on Wednesday, 25 February 2009 at 0900 UK / 1000 CET. Dialog
Semiconductor invites you to take part in this results call and to listen
to managements discussion of the Companys Q4 and full year 2008
performance. To access the call please use the following dial-in numbers:
From Germany +49 (0) 6103 485 3000
From the UK +44-207-153-2027
From the USA +1-480-629-1990
No access code is needed.
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Information and Explaination of the Issuer to this News:
About Dialog Semiconductor
Dialog Semiconductor creates some of the worlds most energy-efficient,
highly integrated, mixed-signal integrated circuits. These are optimised
for personal mobile and automotive applications. The company provides
flexible and dynamic support, world-class innovation, and the assurance of
dealing with an established business partner. Customers with a significant
contribution to revenue include Sony-Ericsson, Apple, Bosch and Tridonic.
With its unique focus and expertise in system power management, Dialog
brings decades of experience to the rapid development of integrated
circuits for power and motor control, and audio and display processing.
Dialogs processor companion chips are essential for enhancing both the
performance of hand-held products and the consumers multimedia experience.
Automotive applications include intelligent motor control for comfort and
safety systems. Over one billion parts have been shipped to date. With
world-class manufacturing partners, Dialog operates a fabless business
model. Dialog Semiconductor plc is headquartered near Stuttgart, Germany
with operations in Austria, China, Germany, Japan, Korea, Taiwan, UK, and
the USA. The company employs approximately 250 worldwide, and is listed on
the Frankfurt (FWB: DLG) stock exchange.
Forward Looking Statements
This press release contains 'forward-looking statements' that reflect
managements 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 Semiconductors 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.
For further information please contact:
Dialog Semiconductor
Neue Strasse 95
D-73230 Kirchheim/Teck
Germany
T +49 7021 805 412
F +49 7021 805 200
dialog@fd.com
www.dialog-semiconductor.com
FD - London
Matt Dixon
T +44 20 7269 7214
matt.dixon@fd.com
A&B FD - Frankfurt
Claudine Schaetzle
T +49 69 920 37 185
c.schaetzle@abfd.de
DGAP 19.01.2009
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Language: English
Issuer: 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: MIDCAP, PRIMEALL, TECHALLSHARE
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Stuttgart, München, Hamburg, Düsseldorf
End of News DGAP News-Service
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DGAP-Adhoc: DIALOG SEMICONDUCTOR Plc.: DIALOG SEMICONDUCTOR 2008 REVENUE TO BE IN LINE WITH EXPECTATIONS
| Source: EQS Group AG