Dialight swings to loss on higher costs; revenue drops
(Alliance News) - Dialight PLC on Monday said a rise in costs hurt its annual loss; but said it remains confident looking ahead.
Read more(Alliance News) - Dialight PLC on Monday said a rise in costs hurt its annual loss; but said it remains confident looking ahead.
Read moreDialight PLC - London-based producer of LED lighting for heavy industrial applications - Appoints Steve Blair as chief executive officer, effective immediately, as Fariyal Khanbabi has stepped down from her role as CEO and as director of the company. Back in September, Chief Financial Officer Clive Jennings resigned with immediate effect. At the end of last month, Dialight hired Carolyn Zhang as CFO, who started her role on February 1.
Read moreDialight PLC - London-based LED lighting for heavy industrial applications - Revenue for 2023 is GBP148.8 million, down 12% on 2022, with Lighting revenue down 7% and Signals & Components down 25%. The Lighting business improves in the second half of the year, but Signals & Components is hurt by weak trading within Opto Electronics. On an underlying operating basis, Dialight is broadly breakeven in 2023, as a loss in the first half of the year is followed by profit in the second. Net debt on December 31 is GBP12.3 million, in line with board expectations and down from GBP22.7 million at the end of June.
Read moreMonday 23 October | |
abrdn New Dawn Investment Trust PLC | GM re scheme and associated amendments to Company's articles |
City of London Investment Group PLC | AGM |
Landore Resources Ltd | EGM re fundraising |
Mothercare PLC | AGM |
Naked Wines PLC | GM re annual report and accounts |
Oracle Power PLC | GM re capital reorganisation |
Provexis PLC | AGM |
Tuesday 24 October | |
Accrol Group Holdings PLC | AGM |
Oneiro Energy PLC | AGM |
Tufton Oceanic Assets Ltd | AGM |
WH Ireland Group PLC | AGM |
Wednesday 25 October | |
Arcontech Group PLC | AGM |
Hargreaves Services PLC | AGM |
Kavango Resources PLC | GM re takeover |
MGC Pharmaceuticals Ltd | GM re consolidation of capital, share placement |
Pendragon PLC | GM re strategic partnership with Lithia and name change to Pinewood Technologies PLC |
Springfield Properties PLC | AGM |
Thursday 26 October | |
Alumasc Group PLC | AGM |
Brooks Macdonald Group PLC | AGM |
Feedback PLC | AGM |
Filtronic PLC | AGM |
Global Invacom Group Ltd | EGM re cancellation of admission to trading on AIM |
Hipgnosis Songs Fund Ltd | AGM |
Hipgnosis Songs Fund Ltd | EGM re sale of portfolio |
IMC Exploration | EGM re takeover of Karaberd |
Made Tech Group PLC | AGM |
Mattioli Woods PLC | AGM |
Mid Wynd International Investment Trust PLC | AGM |
Novacyt SA | AGM |
South32 Ltd | AGM |
Tirupati Graphite PLC | AGM |
TMT Acquisition PLC | AGM |
Friday 27 October | |
Anglesey Mining PLC | AGM |
Bens Creek Group PLC | AGM |
Dialight PLC | GM re admission of shares |
KCR Residential REIT PLC | AGM |
Copyright 2023 Alliance News Ltd. All Rights Reserved. |
(Alliance News) - Dialight PLC on Wednesday said it has raised GBP10.6 million through a placing and retail offer.
Read moreDialight PLC - London-based electronics company specialising in LED lighting - Plans to raise GBP10.55 million by way of an institutional placing and retail offer at 159 pence per share. Placing will be conducted via an accelerated bookbuild process, which will be launched immediately. Believes the fundraising will enable implementation of the transformation plan to be accelerated and de-risked by providing increased headroom to support near term investment commitments. Explains acceleration and successful execution of the transformation plan would help enable the group to meet its recently published medium term financial targets in its 2026 financial year. Implementation of the transformation plan is expected to return the group to a net cash funding position before the end of financial year 2026. Further, plans offer to existing retail investors of up to GBP1 million shares at GBP1.59 per share.
Read moreDialight PLC - London-based electronics company specialising in LED lighting - Engages in talks with lender HSBC to secure additional covenant flexibility to support the business in the near term, given the current volatility in market conditions. Explains company's financing comprises a USD34 million revolving credit facility with HSBC, which matures in July 2025 and has an option for two one-year extensions. Says HSBC has agreed to vary the interest cover covenant for the September 2023 test period from 4.0x to 2.5x.
Read moreTuesday 19 September | |
accesso Technology Group PLC | Half Year Results |
Billington Holdings PLC | Half Year Results |
Big Technologies PLC | Half Year Results |
C&C Group PLC | Trading Statement |
Concurrent Technologies PLC | Half Year Results |
CPPGroup PLC | Half Year Results |
Eagle Eye Solutions Group PLC | Full Year Results |
Fintel PLC | Half Year Results |
Good Energy Group PLC | Half Year Results |
Hargreaves Lansdown PLC | Full Year Results |
Henry Boot PLC | Half Year Results |
Kingfisher PLC | Half Year Results |
Litigation Capital Management Ltd | Full Year Results |
Maintel Holdings PLC | Half Year Results |
McBride PLC | Full Year Results |
MyHealthChecked PLC | Half Year Results |
Moonpig Group PLC | Trading Statement |
Naked Wines PLC | Full Year Results |
Northcoders Group PLC | Half Year Results |
Ocado Group PLC | Trading Statement |
Renishaw PLC | Full Year Results |
Serica Energy PLC | Half Year Results |
SThree PLC | Trading Statement |
Surgical Innovations Group PLC | Half Year Results |
Team17 Group PLC | Half Year Results |
Trustpilot Group PLC | Half Year Results |
Water Intelligence PLC | Half Year Results |
Xaar PLC | Half Year Results |
Wednesday 20 September | |
Advanced Medical Solutions Group PLC | Half Year Results |
ASA International Group PLC | Half Year Results |
Destiny Pharma PLC | Half Year Results |
Dunelm Group PLC | Trading Statement |
Epwin Group PLC | Half Year Results |
Galliford Try Holdings PLC | Full Year Results |
GENinCode PLC | Half Year Results |
HydrogenOne Capital Growth PLC | Half Year Results |
Judges Scientific PLC | Half Year Results |
LBG Media PLC | Half Year Results |
M&G PLC | Half Year Results |
Oxford Biomedica PLC | Half Year Results |
PYX Resources Ltd | Half Year Results |
Round Hill Music Royalty Fund Ltd | Half Year Results |
Supermarket Income REIT PLC | Full Year Results |
Ten Entertainment Group PLC | Half Year Results |
Warpaint London PLC | Half Year Results |
Thursday 21 September | |
Aquis Exchange PLC | Half Year Results |
Chesnara PLC | Half Year Results |
City Pub Group PLC | Half Year Results |
Corero Network Security PLC | Half Year Results |
CVS Group PLC | Full Year Results |
DFS Furniture PLC | Full Year Results |
Halma PLC | Trading Statement |
Investec PLC and Ltd | Trading Statement |
James Fisher & Sons PLC | Half Year Results |
JD Sports Fashion PLC | Half Year Results |
Life Science REIT PLC | Half Year Results |
Next PLC | Half Year Results |
Sondrel Holdings PLC | Half Year Results |
SSP Group PLC | Trading Statement |
Strix Group PLC | Half Year Results |
Friday 22 September | |
Ascential PLC | Half Year Results |
Ergomed PLC | Half Year Results |
First Tin PLC | Half Year Results |
t42 IoT Tracking Solutions PLC | Half Year Results |
t42 IoT Tracking Solutions PLC | Trading Statement |
Monday 25 September | |
Alphawave IP Group PLC | Half Year Results |
Devolver Digital Inc | Half Year Results |
Dialight PLC | Half Year Results |
Getech Group PLC | Half Year Results |
Ondine Biomedical Inc | Half Year Results |
Real Estate Investors PLC | Half Year Results |
Spectra Systems Corp | Half Year Results |
Transense Technologies PLC | Full Year Results |
Venture Life Group PLC | Half Year Results |
Wilmington PLC | Full Year Results |
Copyright 2023 Alliance News Ltd. All Rights Reserved. |
(Alliance News) - Dialight PLC on Monday said it swung to an interim loss in line with falling revenue, while it announced the immediate resignation of its chief financial officer.
Read more(Alliance News) - Franchise Brands PLC on Thursday said it will appoint Mark Fryer to the board as chief financial officer, effective from Wednesday next week, after it reported rising revenue in the first half of 2023.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
Read moreWednesday 10 May | |
abrdn PLC | AGM |
Antofagasta PLC | AGM |
Cenkos Securities PLC | AGM |
Ecora Resources PLC | AGM |
H&T Group PLC | AGM |
Harbour Energy PLC | AGM |
Jupiter Fund Management PLC | AGM |
Literacy Capital PLC | AGM |
Luceco PLC | AGM |
Marshalls PLC | AGM |
National Express Group PLC | AGM |
Renewables Infrastructure Group Ltd | AGM |
Rentokil Initial PLC | AGM |
Seplat Energy PLC | AGM |
Spirax-Sarco Engineering PLC | AGM |
TClarke PLC | AGM |
Thursday 11 May | |
88 Energy Ltd | AGM |
Cairn Homes PLC | AGM |
Capita PLC | AGM |
Clarkson PLC | AGM |
Costain Group PLC | AGM |
Eleco PLC | AGM |
Eurocell PLC | AGM |
FBD Holdings PLC | AGM |
Genedrive PLC | GM re equity prepayment facility |
Genel Energy PLC | AGM |
Gresham House PLC | AGM |
Gym Group PLC | AGM |
Hiscox Ltd | AGM |
Irish Continental Group PLC | AGM |
John Wood Group PLC | AGM |
MyHealthChecked PLC | AGM |
OSB Group PLC | AGM |
Poolbeg Pharma PLC | AGM |
Rolls-Royce Holdings PLC | AGM |
Serinus Energy PLC | AGM |
Uniphar PLC | AGM |
Videndum PLC | AGM |
WAG Payment Solutions PLC | AGM |
Friday 12 May | |
Balfour Beatty PLC | AGM |
Derwent London PLC | AGM |
Goodbody Health Ltd | AGM |
GreenRoc Mining PLC | AGM |
Hutchmed (China) Ltd | AGM |
Itim Group PLC | AGM |
Itsarm PLC | GM re delisting from AIM |
Wheaton Precious Metals Corp | AGM |
Monday 15 May | |
GCP Asset Backed Income Fund Ltd | AGM |
Tuesday 16 May | |
accesso Technology Group PLC | AGM |
Chesnara PLC | AGM |
Dialight PLC | AGM |
Equals Group PLC | AGM |
Essentra PLC | AGM |
FDM Group Holdings PLC | AGM |
iEnergizer Ltd | GM re proposed cancellation of admission to trading on AIM |
IQGeo Group PLC | AGM |
Kakuzi PLC | AGM |
PYX Resources Ltd | AGM |
Synthomer PLC | AGM |
TI Fluid Systems PLC | AGM |
Vector Capital PLC | AGM |
Copyright 2023 Alliance News Ltd. All Rights Reserved. |
Dialight PLC - London-based electronics company specialising in LED lighting - Posts a pretax profit of GBP500,000 in 2022, down from GBP700,000 in 2021, as distribution costs rise to GBP25.5 million from GBP21.3 million and administrative expenses increase to GBP26.8 million from GBP23.6 million. Meanwhile, revenue climbs to GBP169.7 million from GBP131.6 million. Explains that the second half of the year saw tougher trading conditions with lower levels of revenue growth and a combination of input cost pressures and global component shortages. Says it enters 2023 in a "good position" but says that the short-term macroeconomic outlook remains "challenging" with global supply chain disruptions not expected to alleviate until the second half of 2023.
Read more(Alliance News) - Dialight PLC on Monday reported a double-digit rise in annual revenue but suffered a fall in profit as expenses rose.
Read moreTuesday 21 March | |
Alliance Pharma PLC | Full Year Results |
Aptitude Software Group PLC | Full Year Results |
Boku Inc | Full Year Results |
Diversified Energy Co PLC | Full Year Results |
Ergomed PLC | Full Year Results |
Fintel PLC | Full Year Results |
Gamma Communications PLC | Full Year Results |
Henry Boot PLC | Full Year Results |
Kape Technologies PLC | Full Year Results |
Kingfisher PLC | Full Year Results |
Luceco PLC | Full Year Results |
MP Evans Group PLC | Full Year Results |
Ocado Group PLC | Trading Statement |
Oxford Nanopore Technologies PLC | Full Year Results |
Pebble Group PLC | Full Year Results |
Quixant PLC | Full Year Results |
Science Group PLC | Full Year Results |
ScS Group PLC | Half Year Results |
SThree PLC | Trading Statement |
Staffline Group PLC | Full Year Results |
Tissue Regenix Group PLC | Full Year Results |
Trustpilot Group PLC | Full Year Results |
YouGov PLC | Half Year Results |
Zotefoams PLC | Full Year Results |
Wednesday 22 March | |
Anpario PLC | Full Year Results |
Atalaya Mining PLC | Full Year Results |
BioPharma Credit PLC | Full Year Results |
Blackbird PLC | Full Year Results |
Bloomsbury Publishing PLC | Trading Statement |
Essentra PLC | Full Year Results |
Fevertree Drinks PLC | Full Year Results |
Genel Energy PLC | Full Year Results |
Gresham House PLC | Full Year Results |
Hostelworld Group PLC | Full Year Results |
Judges Scientific PLC | Full Year Results |
Kenmare Resources PLC | Full Year Results |
LSL Property Services PLC | Full Year Results |
Mpac Group PLC | Full Year Results |
NAHL Group PLC | Full Year Results |
Pendragon PLC | Full Year Results |
Pharos Energy PLC | Full Year Results |
Sareum Holdings PLC | Half Year Results |
Ten Entertainment Group PLC | Full Year Results |
Vistry Group PLC | Full Year Results |
Thursday 23 March | |
C&C Group PLC | Trading Statement |
Energean PLC | Full Year Results |
Gulf Keystone Petroleum Ltd | Full Year Results |
Inchcape PLC | Full Year Results |
Playtech PLC | Full Year Results |
Pollen Street PLC | Full Year Results |
Portmeirion Group PLC | Full Year Results |
Safestyle UK PLC | Full Year Results |
Wickes Group PLC | Full Year Results |
Friday 24 March | |
Ceres Power Holdings PLC | Full Year Results |
JD Wetherspoon PLC | Half Year Results |
NAHL Group PLC | Full Year Results |
Smiths Group PLC | Half Year Results |
Sopheon PLC | Full Year Results |
Tribal Group PLC | Full Year Results |
Monday 27 March | |
Aeorema Communications PLC | Half Year Results (TBC) |
Belvoir Group PLC | Full Year Results |
Carnival PLC | Trading Statement |
CentralNic Group PLC | Full Year Results |
Crimson Tide PLC | Full Year Results |
Dialight PLC | Full Year Results |
eEnergy Group PLC | Half Year Results |
Equals Group PLC | Full Year Results |
Hyve Group PLC | Trading Statement |
IQGeo Group PLC | Full Year Results |
Life Science REIT PLC | Full Year Results |
RTC Group PLC | Full Year Results |
SigmaRoc PLC | Full Year Results |
Tandem Group PLC | Full Year Results |
Thungela Resources Ltd | Full Year Results |
Tortilla Mexican Grill PLC | Full Year Results |
Copyright 2023 Alliance News Ltd. All Rights Reserved. |