13th Jan 2023 10:36
Dialight PLC - London-based industrial LED lighting firm - Expects revenue of around GBP169 million in 2022, up 29% or 17% on a constant currency basis. However, revenue in December was significantly below expectations, reflecting "seasonal demand being below historic levels as well as several strategic customers deferring anticipated orders". As a result, Dialight now expects to report 2022 underlying operating profit of at least GBP5.0 million, up from GBP4.5 million a year earlier. This is below the board's expectations. Read More
