Dialight increases 2013 interim dividend by 22.5%

DividendMax Ltd.

Dialight increases 2013 interim dividend by 22.5%


Lighting Revenue up over 70% to £29.3m (H1 2012 £17.2m)

Lighting Profit up 180% to £4.4m (H1 2012 : £1.6m)

Lighting sales force expanded to 86 (59 at 31 December 2012)

Underlying operating profit £5.5m (H1 2012: £8.2m) due to repositioning of obstruction signals business

First trials received for cloud based obstruction signals control and monitoring service

Underlying earnings per share 11.6p (H1 2012: 17.3p)

Closing net cash £11.2m (H1 2012: £8.1m)

Interim dividend increased 22.5% to 4.9p (H1 2012: 4.0p)

Roy Burton, Group Chief Executive, said:

"The first half has seen strong performance from our Lighting segment with excellent growth. This gives us further confidence in the prospects of our ongoing strategy."

Companies mentioned