8th Sep 2014 13:53
LONDON (Alliance News) - Dialight PLC said its new Group Finance Director Fariyal Khanbabi joined the company Monday, earlier than the previously announced commencement date of September 29.
Khanbabi replaces Mark Fryer at the struggling LED lighting technology company and joins from fuel trading and distribution business Blue Ocean Group.
Dialight has, in recent times, been hit by delayed lighting orders, the restructuring of its obstruction business and a fall in revenues in its traffic business. The company issued a profit warning earlier this year.
The stock was quoted down 1.9% at 897.05 pence per share Monday afternoon.
By Anthony Tshibangu; [email protected]; @AnthonyAllNews
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