15th Jan 2008 07:00
Dialight PLC15 January 2008 Date: Embargoed until 07.00am, Tuesday 15 January 2008 Contacts: Roy Burton - Group Chief Executive Cathy Buckley - Finance Director Dialight PLC Tel: 01480 447490 Chris Bowman Canaccord Adams Limited Tel: 020 7050 6500 Alistair Mackinnon-Musson Nicola Savage Hudson Sandler Tel: 020 7796 4133 Email: [email protected] DIALIGHT PLC Trading Update Dialight plc, the UK based leader in applied LED technology, is today giving atrading update ahead of its results for the year ended 31 December 2007. Overall the Board expects that the results for the year ended 31 December 2007will be in line with market expectations. Dialight consists of two business segments: • Signals/Illumination which includes Traffic and Rail Signals, Obstruction Lights and the new Solid State Lighting products • Components comprising LED indication products and electromagnetic disconnects The Signals/Lighting business has had a further year of good sales growth withsecond half demand helped by the first orders for the white LED Obstructionlight and the Safesite hazardous light product lines. Demand for Componentsproducts stabilised after a slow first quarter and sales achieved for the fullyear of 2007 were similar to those of the 2006 year. Dialight has a strong position in emerging LED lighting markets and a highquality Components business. The Board remains focussed on pursuing a corporatestrategy that will continue to deliver sustained growth in shareholder value andto this end, has initiated a broad ranging review of all the Group's businesses. The full results for the year ended 31 December 2007 will be announced on 3March 2008. - ENDS - This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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