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Lighting products maker Dialight warns on 2015 operating profit

Wed, 10th Jun 2015 06:44

June 10 (Reuters) - Industrial lighting products makerDialight Plc warned that 2015 underlying operatingprofit would be significantly below expectations, hurt by aslowdown in the rate of orders for its lighting unit from theUnited States and Europe.

The company, which was once part of the Dutch giant Philips, also said that results for the first half would belower than a year earlier.

Dialight said the newly appointed CEO Michael Sutsko wouldlead a strategic review of the business to evaluate thecompany's operations, supply chain, and product development. (Reporting by Esha Vaish in Bengaluru; Editing by GopakumarWarrier)

Diales Group

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