Dialight CFO Wai Kuen Chiang quits after six months
12th Apr 2021 14:26
(Sharecast News) - Dialight is looking for a new chief financial officer after Wai Kuen Chiang decided to leave after six months in the job.
Read moreDialight cuts costs as its operating loss widens
3rd Aug 2020 11:34
(Sharecast News) - Industrial LED lighting company Dialight said on Monday that its revenue fell to £56.3m in the first half, from £76.1m a year earlier, as its loss from operating activities widened to £5.5m from £3.5m.
Read moreDialight brings in Wai Kuen Chiang as its new finance chief
3rd Jun 2020 12:48
(Sharecast News) - Industrial LED lighting company Dialight announced the appointment of Wai Kuen Chiang as its chief financial officer, and an executive director, on Wednesday.
Read moreCrisis hits Dialight outlook as Mexican factory shuts
21st Apr 2020 09:23
(Sharecast News) - Dialight said the outlook for financial performance was significantly reduced as the company said it had closed its Mexican factory had closed because of Covid-19.
Read moreDialight slumps as trade challenges hamper earnings
19th Nov 2019 12:54
(Sharecast News) - Shares of Dialight dived on Tuesday as the LED manufacturer warned that Sino-US trade uncertainty will impact full year earnings.
Read moreMonday broker round-up
4th Mar 2019 13:35
(Sharecast News) - RSA Insurance Group: JP Morgan downgrades to neutral with a target price of 610p.
Read moreMaterials supply and pension changes a concern for Dialight
6th Dec 2018 11:10
(Sharecast News) - Industrial LED lighting company Dialight updated the market on its trading for the year ending 31 December on Thursday, reporting that it had made "considerable progress" since the termination of its contract manufacturing partner arrangements.
Read moreDialight revenue and earnings fall with board 'confident' in recovery
30th Jul 2018 11:45
(Sharecast News) - Industrial LED lighting company Dialight issued its half-year results for the six months ended 30 June on Monday, reporting a fall in revenue to £80.1m from £92.7m a year ago.
Read moreDialight sees dark times for LED lighting sales
27th Oct 2015 12:35
(ShareCast News) - Shares in Dialight dimmed on Tuesday as the LED lighting group's new chief executive, Michael Sutsko, revealed his new strategy but also warned of much slower sales growth and increased uncertainty for the rest of the year. The FTSE Smallcap company said lighting revenue had slowe
Read moreTuesday broker round-up
27th Oct 2015 09:16
(ShareCast News) - Apr Energy: Jefferies upgrades to hold, raises target price to 175.00p. Pearson: Credit Suisse downgrades to neutral, cuts target price to 970.00p. Dialight: Peel Hunt Limited downgrades to add, bumps up target price to 650.00p. Entertainment One Limited: Peel Hunt Limited downg
Read moreDialight to cut 12% of workforce as it looks to slash costs
7th Aug 2015 11:03
(ShareCast News) - Dialight will cut around 12% of its workforce as part of a plan to address excess costs, improve profitability and better position the company in its key growth markets. The lighting company said in its interim results in July that it had experienced a downturn in profitability in
Read moreDialight shares tumble after 74% profit drop
27th Jul 2015 10:23
(ShareCast News) - Shares in LED firm Dialight were down more than 5% after the company posted weaker than expected half-year results. At 0921 BST shares were own 5.51% to 517.80p. Revenue for the six months ended 30 June was £80.6m, up 14% from the same period last year of £70.9m Group underlying
Read moreInvestec puts a 'hold' rating on Dialight, expects improvement
15th Jun 2015 10:05
Investec has dimmed its recommendation for Dialight from 'buy' to 'hold', while it raised the target price from 550p to 565p. Analyst Michael Blogg said in a note that Investec reduced Dialight's group revenue estimates by about 11% each year, dropping through to earnings per share as cuts of 36%,
Read moreDialight warns on full year profit, CEO starts review
10th Jun 2015 10:02
LED lighting maker Dialight has blamed a slowdown in orders for a predicted shortfall in full year revenue. The company, once part of Dutch giant Phillips, warned underlying operating profit for 2015 will be significantly below expectations. It also said results for the first half of this year will
Read moreDialight appoints new US chief officer
28th May 2015 13:21
LED lighting group Dialight appointed Michael Sutsko as its new chief executive followig a global search process. Sutsko's appointment follows Roy Burton's resignation due to ill health in March. The new chief executive is also the president of the performance materials division of Laird, and will
Read more