DGAP-Adhoc: Dialog Semiconductor Plc.: Dialog Semiconductor announces its ...
-------------------------------------------------- ------------------------- Dialog Semiconductor ANNOUNCES SECOND QUARTER 2011 Company exceeds guidance and Q2 sales reports record second quarter of $ 116.1 million, achieving impressive year on year growth of 70% of Kirchheim / Teck, Germany, July 25, 2011 - Dialog Semiconductor plc (FWB: DLG), a leading provider of integrated solutions high innovative power management semiconductors, today reported results for the second quarter ending 1 July 2011. Q2 2011 Financial Highlights - Sales for second quarter 2011 was $ 116.1 million, an increase of 17.9% from the previous quarter and 69.6% over the same quarter of 2010 - Q2 2011 IFRS operating profit (EBIT) amounted to $ 13.1 million or 11.3% of net Business with underlying (*) Operating income $ 17.1 million or 14.7% of sales - Q2 2011 underlying (*) EBITDA (**) 20, $ 4 million or 17.6% of revenues, compared to $ 15.1 million or 22.1% the previous year - Q2 2011 underlying (*) Diluted earnings per share of 24 cents, a 25 .4% increase compared to Q2 2010 - More and more confident in our ability to meet current market expectations for the full year 2011 - an increase SiTel gains already achieved in Q2 2011, ahead (*) underlying results are based on IFRS, adjusted to exclude share-based compensation charges in Q2 2011 of $ 1.4 million, excluding non-recurring costs of $ 0.3 million associated with the acquisition of Sitel Semiconductor ( "SiTel) incurred in Q2 2011, excluding $ 0.8 million of amortization of intangible assets related to the acquisition of Sitel and out amortization expenses of $ 1.4 million compared to costs previously capitalized R & D for products near end of life of Sitel. 'Underlying' The term is not defined in IFRS and therefore can not be comparable to similarly titled measures by other companies. Basic measures are not intended as a substitute or as superior to, IFRS measurements.Word Automation In Outlook - News
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Fully reflected in our financial guidance, during 2011, we expect to invest up to $6 million in automation equipment that will increase quality, lower unit cost, improve throughput and reduce our variable labor requirement during the peak season.
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