REG - Dialight PLC - Trading Statement

DialightAnnouncement

Mon 07:00

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RNS Number : 0797C  Dialight PLC  06 October 2025

 

6 October 2025

Dialight plc

("Dialight" or the "Group")

 

Half Year Trading Update

 

 

Dialight plc (LSE: DIA.L), a global leader in LED lighting for heavy
industrial applications publishes the following trading update ahead of the
Interim Results for the six months ended 30 September 2025, which will be
announced on 11 November 2025.

 

Trading Update and Outlook

 

Demand trends and operating conditions in the Group's end markets have
remained soft with sales marginally down on the prior year as a result of
tariff uncertainty, the 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 ongoing margin improvement, overhead cost reduction and higher cash
generation announced in the Trading Update with the AGM, have continued to
improve with a strong second quarter profit delivery. The continued benefits
of the delivery of the Transformation Plan are that the Group now expects to
significantly exceed the market expectation for Adjusted Operating Profit for
the year ending 31 March 2026.  This excludes the cash benefit from the
receipt of two Covid credits from the US Internal Revenue Service of $3.0m,
which have been received in the last six months and there are no more of these
to come.

 

The Group net debt closed at 30 September 2025 on $10.2m (31 March 2025:
$17.8m) demonstrating positive profit and cash generation.

 

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/) .

 

This announcement contains forward-looking statements that are based on
current expectations or beliefs, as well as assumptions about future events.
These forward-looking statements can be identified by the fact that they do
not relate only to historical or current facts. Forward-looking statements
often use words such as anticipate, target, expect, estimate, intend, plan,
goal, believe, will, may, should, would, could, is confident, or other words
of similar meaning. Undue reliance should not be placed on any such statements
because they speak only as at the date of this document and, by their very
nature, they are subject to known and unknown risks and uncertainties and can
be affected by other factors that could cause actual results, and Dialight's
plans and objectives, to differ materially from those expressed or implied in
the forward-looking statements. There are a number of factors which could
cause actual results to differ materially from those expressed or implied in
forward-looking statements. Among the factors that could cause actual results
to differ materially from those described in the forward-looking statements
are: increased competition, the loss of or damage to one or more key customer
relationships, changes to customer ordering patterns, delays in obtaining
customer approvals for engineering or price level changes, the failure of one
or more key suppliers, the outcome of business or industry restructuring, the
outcome of any litigation, changes in economic conditions, currency
fluctuations, changes in interest and tax rates, changes in raw material or
energy market prices, changes in laws, regulations or regulatory policies,
developments in legal or public policy doctrines, technological developments,
the failure to retain key management, or the key timing and success of future
acquisition opportunities or major investment projects. Dialight undertakes no
obligation to revise or update any forward-looking statement contained within
this announcement, regardless of whether those statements are affected as a
result of new information, future events or otherwise, save as required by law
and regulations.

 

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