Financial performance:
o Q2 2013 revenue of $262.5m (Q2 2012: $266.5m) a decrease of 2% year-on-year, with Core revenue of $203.1m (Q2 2012: $179.0m), growing 13% year-on-year, with last twelve months (LTM) Q2 2013 Core revenue of $718.2m (Q2 2012: $615.0m) growing at 17% year-on-year,
o Underlying Q2 2013 operating profit of $39.3m (Q2 2012: $23.9m), IFRS Q2 2013 operating profit of $22.3m (Q2 2012: $8.0m),
o Underlying H1 2013 operating profit of $58.4m (H1 2012: $26.6m), IFRS operating profit of $30.0m
(H1 2012: operating loss of $7.7m),
o Underlying Q2 2013 diluted earnings per share of $0.18 (Q2 2012: $0.09),
o Ended Q2 2013 with cash, cash equivalents, treasury deposits and investments of $285.0m.
Momentum in platform strategy:
o Launched CSRC9300™ 40nm autograde combination chip with Wi-Fi®, Bluetooth connectivity and audio capabilities,
o Launched CSR1010™ auto, the first autograde qualified single-mode Bluetooth Smart embedded device for automotive applications,
o A record quarter for aptX® with 41 new licensees in Q2 2013 taking total to around 190.
Interim dividend of $0.045 (2012: $0.038), a growth of 18% year-on-year.
Completed $50m share buyback during H1 2013 and intend to return a further $25m to shareholders through a new share buyback, resulting in an expected total of $75m buyback in 2013.
