30th Jan 2024 11:52
Dialight PLC - London-based LED lighting for heavy industrial applications - Revenue for 2023 is GBP148.8 million, down 12% on 2022, with Lighting revenue down 7% and Signals & Components down 25%. The Lighting business improves in the second half of the year, but Signals & Components is hurt by weak trading within Opto Electronics. On an underlying operating basis, Dialight is broadly breakeven in 2023, as a loss in the first half of the year is followed by profit in the second. Net debt on December 31 is GBP12.3 million, in line with board expectations and down from GBP22.7 million at the end of June. Read More