Dialog expect improved profitability in 2Q/2019

Operating profit includes approximately USD 28 million of other operating income comprising a gain of approximately USD 16 million on the transfer of assets to Apple and income of approximately USD 12 million from specific non-recurring engineering contracts, a short fiscal update reads. Underlying operating profit includes other operating income of approximately USD 12 million from specific non-recurring engineering contracts. Operating profit and underlying operating profit were higher than anticipated mainly due to 2Q/2019 revenue expected to be 1% over the high end of the guidance range communicated on 9 May 2019. On June 28, 2019, the company had USD1,141 million of cash and cash equivalents.