Dialight increases 2013 full year dividend by 7%

DividendMax Ltd.

Dialight increases 2013 full year dividend by 7%

Group revenue increased to £131.2m from £115.1m

Lighting revenues increased by 51% to £68.5m (2012:£45.5m)

Lightingsegment profit increased 34% to £11.5m (2012:£8.6m)

Group underlying profit from operating activities £14.5m (2012:£19.6m)

Group profit from operating activities £11.6m (2012: £19.6m)

EPS - underlying EPS was 30.8p (2012: 41.7p)

- basic EPS was 26.2p (2012: 42.0p)

Final dividend held at 9.5p (2012: 9.5p) per ordinary share. Total dividend up 7% at 14.4p per share.

Net cash at 31 December of £7.1m (2012: £15.0m)

Roy Burton, Group Chief Executive, said:

"With market leading innovative products, expansion of our sales channels and continued buoyancy in the industrial lighting market, the Board expects to drive strong Lighting growth for 2014 and the years to come. This, combined with a stabilization of the Signals business leads the Board to expect a return to earnings growth in 2014."

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