Dialight plc (the 'Company'), the UK based leader in Applied LED Technology, announces its unaudited preliminary results for the year ended 31 December 2009.
Highlights
- Satisfactory operating profit of £5.5m (2008: £5.3m)
- Full year Revenues maintained at £77.3m (2008: £77.9m)
- Outstanding H2 performance with Operating Profit £4.9m (H2 08: £3.3m).
- Signals/Illumination segment revenues increased to £46.4m (2008:£43.4m) with continued margin improvement.
- Strong operating cash flow leading to net cash of £9.1m (2008 :£4.1m)
- Second interim dividend of 4.3 pence (2008 Final:3.9 pence)
Roy Burton, Group Chief Executive, said
"Markets were very difficult in the first half of the year but an exceptional second half performance demonstrates the growth in our core markets. The quality of our earnings improved materially, particularly in the second half and this gives us confidence for the current year"
For further information:
Roy Burton, Group Chief Executive
George Ralph, Interim Group Finance Director
Dialight PLC
Tel: 01480 447490
Simon Bridges
Canaccord Adams Limited
Tel: 020 7050 6500
Robert Speed
Kreab Gavin Anderson
Tel: 020 7074 1800
dialight@kreabgavinanderson.com
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