Dialight 1H Pretax Profit Sharply Up; Confident On 2010

26th Jul 2010 08:36

LONDON (Dow Jones)--LED light manufacturer Dialight PLC (DIA.LN) Monday reported an almost tenfold increase in first-half pretax profit following bumper sales of products like obstruction lights for mobile phone masts. The company, which makes LED lights for used in factories, signs and traffic lights, said it is confident about its prospects for 2010. Dialight reported a pretax profit of GBP5.24 million for the six months ended June 30, compared to a profit of GBP529,000 a year earlier. Revenue increased by a third to GBP46.2 million, driven by rising sales of obstruction lights fitted to phone masts in the U.S., LED traffic lights and energy-saving lights for industrial customers. -By Jason Douglas, Dow Jones Newswires; 44-20-7842-9272; [email protected] Order free Annual Report for Dialight PLC Visit http://djnweurope.ar.wilink.com/?ticker=GB0033057794 or call +44 (0)208 391 6028 (END) Dow Jones Newswires July 26, 2010 03:36 ET (07:36 GMT)