Update on Trading for 2010

RNS Number : 0187P

Dialight PLC

08 July 2010

 



8 July 2010

Dialight plc

Update on Trading for 2010

As a result of continued strong performance during the first half, notably in the Indication Components and Signals/Illumination segments, the Board is now confident that the Company will exceed its previous expectations for earnings in the current financial year.

The performance in Indication Components can be attributed in part to some restocking by distributors which we anticipate slowing in the second half. The Signals/Illumination segment however, has continued its strong growth compared to the first half of 2009, driven by good progress on deliveries of White Industrial Lighting and Obstruction lights supported by contracts announced last year.

The Company will publish its Half Year results for the 6 month period ending 30 June 2010 on 26 July 2010.

-ENDS-

Contacts:

Roy Burton - Group Chief Executive
George Ralph - Interim Group Finance Director
Dialight PLC
Tel: [phone]

Simon Bridges
Canaccord Genuity
Tel: [phone]

Robert Speed
Kreab Gavin Anderson
Tel: [phone]
Email:  [e-mail]

Notes to editors

Dialight plc (LSE: DIA.L)

Dialight plc is leading the lighting revolution for industrial users across the world. Applying leading edge LED technology it produces retro-fittable lighting fixtures designed specifically for hazardous locations, obstruction lighting, traffic and rail signalling to vastly reduce maintenance, save energy, improve safety and ease disposal. Versions of these high specification luminaires are also produced for more general commercial, industrial and outdoor situations.

Dialight consists of two business segments:-

Signals/Illumination
Which includes Traffic and Rail Signals, Obstruction Lights and Solid State Lighting

Components
Comprising Light Emitting Diode ("LED") Indication Components and Electromagnetic Disconnects ('smart' meter disconnect switches)

The company is headquartered in the UK with operating locations in the UK, USA, Germany and Mexico. More information is available at www.dialight.com.

Cautionary statement
This Trading Update contains certain forward-looking statements which have been made by the Directors in good faith using information available up until the date they approved the statement. Forward-looking statements should be regarded with caution as by their nature such statements involve risk and uncertainties relating to events and circumstances that may occur in the future. Actual results may differ from those expressed in such statements, depending on the outcome of these uncertain future events.

 

END

 

 

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