David Blood, Chair, and Fariyal Khanbabi, CEO will provide an introduction to Dialight and an update on company performance following the 2020 full-year results which were released on 30 March.
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2020 was a tricky year for the company with Covid having a significant impact on project related sales. Maintenance sales however performed strongly. Going into 2021 there has been an increase in quoting activity and management say they are strongly positioned to return to significant growth.
Listen to the webinar and make your mind up on the potential for a successful turnaround story. The market backdrop provides a decent tailwind on sales, but can they convert this into profits? Management clearly think so. The Chair David Blood is also co-founder (with Al Gore) of Generation Investment Management who own a 20% position.
Dialight is a global leader in sustainable LED for industrial applications. Their products meet the needs of customers to enhance safety and reduce energy costs. The products are able to withstand extreme environmental conditions and come with a market leading 10-year warranty.
