Updates

Dialight - Softer Q2 after de-stocking by distributors

July 2019

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.

At the AGM in mid April, Dialight reported Q1 was going well and global end markets “continued to be robust.” However, it now says it has seen softer demand in Q2 due to high levels of inventory in the distribution channel. Full year pretax profit, which had been forecast at £13m, is now guided to be £10m-£13m. There will be a £4m exceptional relating to expediting Dialight’s transition away from Sanmina.The news overshadows Dialight’s launch of its Reliant range of high bay industrial fixtures for the EMEA and APAC markets where sales will build in the next few quarters. The global industrial and commercial LED lighting market is set to grow from US$47.2bn in 2017 to US$296bn by 2026 ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

IG Design

Kape

Dialight - Most of the heavy lifting looks complete (September 2019)

Dialight (June 2019)

Dialight - Former growth star looking brighter (April 2019)

Dialight - Trading ahead of forecasts (January 2017)

Dialight (February 2016)

Dialight (August 2015)

Dialight - Returns to form (April 2015)

Dialight (January 2014)

Dialight (October 2013)

Dialight - Class act recovers (September 2013)

Dialight - LED side sees 50%+ growth rate continue (July 2013)

Dialight - Lighting division showing 50%+ growth (May 2013)

Dialight - Has the lot for lovers of fast growth (April 2013)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X