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United Kingdom

Dialight PLC (DIAL.L)

DIAL.L on London Stock Exchange

312.80GBp
18 Dec 2018
Change (% chg)

2.80 (+0.90%)
Prev Close
310.00
Open
316.00
Day's High
316.00
Day's Low
310.90
Volume
4,969
Avg. Vol
17,352
52-wk High
700.00
52-wk Low
290.00

Latest Key Developments (Source: Significant Developments)

Dialight Reaches Negotiated Settlement For 2014 Oilfield Accident Claim
Monday, 19 Nov 2018 

Nov 19 (Reuters) - Dialight PLC ::NOTES RECENT PUBLIC DISCLOSURE RELATING TO A CLAIM MADE IN 2014.CLAIM INVOLVED AN OILFIELD WORKER, WHO WAS INVOLVED IN AN ACCIDENT WHILE WORKING ON A DRILL RIG IN SCHUYLKILL COUNTY, PA..GROUP IS ONE OF SEVERAL PARTIES TO HAVE RECENTLY REACHED A NEGOTIATED SETTLEMENT; SETTLEMENT IS WITHIN GROUP'S INSURANCE ARRANGEMENTS.  Full Article

Dialight Says Co Gave Notice To Terminate Agreement With Its Contract Manufacturing Partner
Thursday, 27 Sep 2018 

Sept 28 (Reuters) - Dialight PLC ::GIVEN NOTICE TO TERMINATE AGREEMENT WITH ITS CONTRACT MANUFACTURING PARTNER.SINCE HALF-YEAR RESULTS , PERFORMANCE OF CONTRACT MANUFACTURING PARTNER, WHICH WAS DISAPPOINTING BUT STABLE, HAS DETERIORATED.EXPECT OUR FULL YEAR OPERATING PROFIT TO BE IN RANGE OF £8M TO £10M.INCLUDED IN FY OPERATING PROFIT IS £6M-£7M (H1 2108: C. £4M) ADDITIONAL COSTS RELATING TO DUAL RUNNING COSTS AND HIGHER FREIGHT CHARGES.YEAR-END NET CASH POSITION IS EXPECTED TO BE LOWER TO REFLECT TRANSITION OF ADDITIONAL INVENTORY BUILT UP.  Full Article

Dialight Appoints Martin Rapp As Ceo To Replace Michael Sutsko​
Monday, 8 Jan 2018 

Jan 8 (Reuters) - Dialight Plc ::DIALIGHT PLC - ‍MICHAEL SUTSKO HAS STEPPED DOWN AS GROUP CHIEF EXECUTIVE AND FROM BOARD WITH IMMEDIATE EFFECT​.DIALIGHT PLC - ‍MARTIN RAPP BEEN APPOINTED GROUP CHIEF EXECUTIVE ON A PERMANENT BASIS WITH IMMEDIATE EFFECT.​.DIALIGHT PLC - ‍EXPECTS GROUP REVENUE AND EBIT (EXCLUDING ANY NON-RECURRING ITEMS) FOR YEAR ENDED 31 DECEMBER 2017 TO BE £181M AND £9.7M​.DIALIGHT PLC - ‍BOARD CONTINUES TO EXPECT A H2 WEIGHTING TO GROUP'S TRADING PERFORMANCE FOR YEAR ENDING 31 DECEMBER 2018.​.  Full Article

Dialight Says Continues To Experience Production Volume Shortfalls At Plant In Mexico
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - Dialight Plc ::‍SINCE TRADING UPDATE IN OCTOBER, GROUP HAS CONTINUED TO EXPERIENCE PRODUCTION VOLUME SHORTFALLS AT PLANT IN GUADALAJARA, MEXICO​.NOW EXPECT EBIT (EXCLUDING NON-RECURRING ITEMS) FOR YEAR ENDING 31 DECEMBER 2017 TO BE NOT LESS THAN £9M..NOW BELIEVES A SIGNIFICANT NUMBER OF ORDERS ARE UNLIKELY TO BE FULFILLED IN THIS FINANCIAL YEAR.‍WE EXPECT NON-RECURRING ITEMS TO BE IN REGION OF £6M, AND TO END CURRENT FINANCIAL YEAR WITH A STRONG NET CASH POSITION​.BOARD REMAINS CONFIDENT THAT PRODUCTION ISSUES ARE SHORT TERM AND WILL NOT IMPACT MEDIUM TO LONG TERM GROWTH PROSPECTS.  Full Article

Dialight expects FY 2017 EBIT to be 13.5 mln stg to 15.5 mln stg​
Monday, 23 Oct 2017 

Oct 23 (Reuters) - DIALIGHT PLC ::‍DUE TO SHORT-TERM PRODUCTION CHALLENGES, WE NOW EXPECT EBIT FOR YEAR ENDING 31 DECEMBER 2017 TO BE IN RANGE OF £13.5M TO £15.5M​.‍BOARD IS CONSIDERING REINSTATING DIVIDEND PAYMENTS​.  Full Article