REG - Dialight PLC - Trading Statement

DialightAnnouncement

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RNS Number : 3408X  Dialight PLC  01 September 2025

 

01 September 2025

 

Dialight plc

("Dialight" or the "Group")

 

Trading Statement

 

 

Dialight plc (LSE: DIA.L), a global leader in LED lighting for heavy
industrial applications, today announces an update on trading covering the
five months ended 31 August 2025.

 

Trading update

 

Demand trends and operating conditions in the Group's end markets remain soft
with sales marginally down on the comparative prior period due to tariff
uncertainty, a softer macro-economic climate and the impact of this on the
Group's hazardous end market sectors. The Group remains cautious on the sales
outlook for the full financial year to 31 March 2026 due to this continuing
uncertainty. The Group confirms that products manufactured in Ensenada are
currently tariff free (and have been for almost all the first half of the
calendar year).

 

The Group is positive on profit and cash generation. Ongoing margin
improvement, overhead cost reduction and higher cash generation demonstrate
continuing strong delivery of the benefits of the Transformation Plan.
Year-to-date adjusted operating profit at the end of August 2025 is expected
to be strongly ahead of both the six months to 30 September 2024 ($0.9m) and
the six months to 31 March 2025 ($3.2m). This result includes the benefit of a
one-off Covid credit from the US Internal Revenue Service of $1.4m, as
disclosed with the Preliminary Results in July 2025. The current year result
has further benefitted from foreign exchange gains of circa $0.8m.

 

Net debt at the end of July was $15.1m and has further improved to
approximately $13.0m on 31 August 2025 (31 March 2025 $17.8m).

 

Outlook

 

The Board remains confident of meeting current market expectation(1) for the
full year to 31 March 2026. A further update will be provided in October 2025
once the outcome for the first half to 30 September 2025 is determined.

 

Note 1: The Board believes current market forecast for the year ending 31
March 2026 to be adjusted profit before tax of $5.7m.

 

Contacts:

Dialight plc

Steve Blair, CEO Tel: +44 (0) 203 404 7757

Mark Fryer, CFO Tel: +44 (0) 203 058 3528

 

 

Investec Bank plc (Financial Adviser and Corporate Broker)

Tel: +44 (0)207 597 5970

Christopher Baird / James Rudd

 

Dialight plc

LEI: 2138001AD31KKD29Z495

About Dialight: Dialight (LSE: DIA.L) is a global leader in sustainable LED
lighting for industrial applications. Dialight's LED products are providing
the next generation of lighting solutions that deliver reduced energy
consumption and create a safer working environment. Our products are
specifically designed to provide superior operational performance,
reliability and durability, reducing energy consumption and ongoing
maintenance and achieving a rapid return on investment. The company is
headquartered in the UK with operations
in Australia, Dubai, Germany, Malaysia, Mexico, Singapore, the UK and
the USA. www.dialight.com (http://www.dialight.com/) .

 

 

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