DGAP-News

DIALOG SEMICONDUCTOR REPORTS THIRD QUARTER RESULTS ENDED 26 SEPTEMBER 2014.Third quarter year on year revenue growth of 28% and increasing profitability - Seite 2

of $1,111 million to $1,151 million.

We anticipate that underlying gross margin for the full year will be
consistent with the level achieved year to date. This will result in gross
margin improvement for the full year 2014 over 2013.

Financial overview

IFRS Third Quarter
US$ million 2014 2013 Var.
Revenue 281.0 219.1 +28%
Gross Margin 44.8% 35.5% +930bps
R&D % 19.6% 18.1% +150bps
SG&A % 10.4% 13.3% (290)bps
EBIT 41.9 9.5 +342%
EBIT % 14.9% 4.3% +1,060bps
Net income 26.6 3.6 +638%
Basic EPS $ 0.39 0.05 +680%
Diluted EPS $ 0.38 0.05 +660%
Cash from operations 29.3 18.4 +59%

Underlying Third Quarter
US$ million 2014 2013 Var.
Gross Margin 45.4% 40.1% +530bps
EBITDA 60.8 41.0 +48%
EBITDA % 21.6% 18.3% +330bps
EBIT 51.7 32.2 +61%
EBIT % 18.4% 14.3% +410bps
Net Income 37.6 21.8 +72%
Basic EPS $ 0.56 0.33 +70%
Diluted EPS $ 0.53 0.32 +66%



See underlying definition on pages 3-4.
The presentation of income and related expenses from customer specific
research and development costs has changed. Please see note 2 of the Q3
2014 Interim Report.

Revenue in Q3 2014 was up 28% at $281 million with strong revenue
performance in Mobile Systems, up 31% on Q3 2013, and in Power Conversion
up 61% over Q3 2013.

Q3 2014 IFRS gross margin was 930bps above Q3 2013 and 160bps above the
previous quarter. This was the result of the following items:

- Higher revenue achieved in the quarter and the subsequent lower
allocation per unit of the fixed component of Cost of Goods Sold

- Benefits of manufacturing cost optimisation, yield and test time