DGAP-Adhoc: Dialog Semiconductor Plc.: DIALOG SEMICONDUCTOR REPORTS RECORD REVENUE FOR Q4 2013 AND FULL YEAR 2013.IFRS revenue for Q4 2013 of approximately $352 million, up 31% on Q4 2012


Dialog Semiconductor Plc.  / Key word(s): Quarter Results

13.01.2014 08:01

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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London, UK, 13 January 2014 - Dialog Semiconductor (FWB: DLG), a provider
of highly integrated innovative power management, audio, AC/DC and short
range wireless technologies, today announces record Q4 2013 IFRS revenue of
approximately $352 million driven by stronger than anticipated demand in
its Mobile Systems segment during December.

This represents a 31% year on year Q4 growth with full year IFRS revenue
now expected to end at approximately $903 million, representing 17% growth
over FY 2012. This will result in underlying full year revenue of
approximately $910 million, up 18% on full year 2012.

On 29 October 2013 Dialog Semiconductor outlined expectations for a
sequential and year-on-year improvement in Q4 2013 underlying gross margin
that would result in an underlying gross margin improvement for FY2013 over
FY2012. Given the increased revenue reported today, the Company anticipates
a further positive contribution to its original underlying gross margin
expectation.

Dialog expects an increase in cash and cash equivalents of approximately
$29 million in Q4 2013 which includes a $10 million early debt repayment
(from debt facilities as of Q3 2013:$114 million). At 31 December 2013 the
company expects a cash and cash equivalent balance of approximately $186
million.


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Information and Explaination of the Issuer to this News:

The Company is currently finalising its Q4 2013 results and will publish
full and audited results for the year ended 31 December 2013 on Thursday,
20 February 2014.

Dialog Semiconductor will hold a conference call on 20 February 2014 at
09.00 UK /10.00 CET. Dialog Semiconductor invites you to take part in this
results call and to listen to management's discussion of the Company's Q4
and full year 2013 performance.

To access the call please use the following dial-in numbers: Germany 0800
101 4960, UK 0800 694 0257, USA 1866 966 9439 and Rest of World +44(0)1452
555 566, with no access code required. An instant replay facility will be
available for 30 days after the call and can be accessed at +44(0)1452 550
000 with access code 31198616#. 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

For further information please contact: 

Dialog Semiconductor
Jose Cano      
Head of Investor Relations
T: +44 (0)1793 756 961     
jose.cano@diasemi.com

FTI Consulting London
Matt Dixon
T: +44 (0)20 7269 7214
matt.dixon@fticonsulting.com

FTI Consulting Frankfurt
Thomas M. Krammer
T: +49 (0) 69 9203 7183
thomas.krammer@fticonsulting.com

Note to editors
Dialog Semiconductor creates highly integrated, mixed-signal integrated
circuits (ICs) optimised for personal portable, low energy short-range
wireless, LED solid state lighting, 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 focus and expertise in energy efficient system power management,
and with a technology portfolio including audio, short range wireless,
AC/DC power conversion and multi-touch technology, Dialog brings decades of
experience to the rapid development of ICs for personal portable
applications including smartphones, tablets, UltrabooksTM and digital
cordless phones.

Dialog's power management processor companion chips enhance both the
performance in terms of extended battery lifetime and the consumers'
multimedia experience. With world-class manufacturing partners, Dialog
operates a fabless business model.

Dialog Semiconductor plc is headquartered in London with a global sales,
R&D and marketing organisation. In 2012, it had $774 million in revenue and
was one of the fastest growing European public semiconductor companies.
Dialog Semiconductor currently has approximately 1,100 employees. The
Company is listed on the Frankfurt (FWB: DLG) stock exchange and is a
member of the German TecDax index. It also has a convertible bond listed on
the Euro MTF Market on the Luxemburg Stock Exchange (ISIN XS0757015606).

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.

13.01.2014 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      Dialog Semiconductor Plc.
              Tower Bridge House, St. Katharine's Way
              E1W 1AA London
              United Kingdom
Phone:        +49 7021 805-412
Fax:          +49 7021 805-200
E-mail:       jose.cano@diasemi.com
Internet:     www.diasemi.com
ISIN:         GB0059822006, XS0757015606
WKN:          927200
Indices:      TecDAX
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, München, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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