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Dialight - LED side sees 50%+ growth rate continue

July 2013

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • DIA
  • Price:
  • 1123p
Dialight said that as H1 comes to a close its LED business has traded so strongly it expects the full year divisional outcome to “exceed the previously indicated growth of 50%.† This should have been well received by the market as the division is over one-half of group sales but instead what cast a shadow over this was the reiteration that its Signals division is trading behind last year:  In Signals, H1 last year had received an unexpected boost when wind tower subsidies in the US were axed, bringing forward a lump of work but Dilight says there has also been the expected run off of a large cellphone tower customer contract. Dialight said it has recently started to sell directly to the cellphone tower market, rather ...

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