6 October 2025

Dialight plc

("Dialight" or the "Group")

Half Year Trading Update

Dialight plc (LSE: DIA.L), a global leader in LED lighting for heavy industrial applications publishes the following trading update ahead of the Interim Results for the six months ended 30 September 2025, which will be announced on 11 November 2025.

Trading Update and Outlook

Demand trends and operating conditions in the Group's end markets have remained soft with sales marginally down on the prior year as a result of tariff uncertainty, the softer macro-economic climate and the impact of this on the Group's hazardous end market sectors. The Group remains cautious on the sales outlook for the full financial year to 31 March 2026 due to this continuing uncertainty.

The ongoing margin improvement, overhead cost reduction and higher cash generation announced in the Trading Update with the AGM, have continued to improve with a strong second quarter profit delivery. The continued benefits of the delivery of the Transformation Plan are that the Group now expects to significantly exceed the market expectation for Adjusted Operating Profit for the year ending 31 March 2026.  This excludes the cash benefit from the receipt of two Covid credits from the US Internal Revenue Service of $3.0m, which have been received in the last six months and there are no more of these to come.

The Group net debt closed at 30 September 2025 on $10.2m (31 March 2025: $17.8m) demonstrating positive profit and cash generation.

Contacts: 

Dialight plc

Steve Blair, CEO Tel: +44 (0) 203 404 7757

Mark Fryer, CFO Tel: +44 (0) 203 058 3528

Investec Bank plc (Financial Adviser and Corporate Broker)     

Tel: +44 (0)207 597 5970

Christopher Baird / James Rudd

Dialight plc

LEI: 2138001AD31KKD29Z495

About Dialight: Dialight (LSE: DIA.L) is a global leader in sustainable LED lighting for industrial applications. Dialight's LED products are providing the next generation of lighting solutions that deliver reduced energy consumption and create a safer working environment. Our products are specifically designed to provide superior operational performance, reliability and durability, reducing energy consumption and ongoing maintenance and achieving a rapid return on investment. The company is headquartered in the UK with operations in Australia, Dubai, Germany, Malaysia, Mexico, Singapore, the UK and the USA. www.dialight.com.

This announcement contains forward-looking statements that are based on current expectations or beliefs, as well as assumptions about future events. These forward-looking statements can be identified by the fact that they do not relate only to historical or current facts. Forward-looking statements often use words such as anticipate, target, expect, estimate, intend, plan, goal, believe, will, may, should, would, could, is confident, or other words of similar meaning. Undue reliance should not be placed on any such statements because they speak only as at the date of this document and, by their very nature, they are subject to known and unknown risks and uncertainties and can be affected by other factors that could cause actual results, and Dialight's plans and objectives, to differ materially from those expressed or implied in the forward-looking statements. There are a number of factors which could cause actual results to differ materially from those expressed or implied in forward-looking statements. Among the factors that could cause actual results to differ materially from those described in the forward-looking statements are: increased competition, the loss of or damage to one or more key customer relationships, changes to customer ordering patterns, delays in obtaining customer approvals for engineering or price level changes, the failure of one or more key suppliers, the outcome of business or industry restructuring, the outcome of any litigation, changes in economic conditions, currency fluctuations, changes in interest and tax rates, changes in raw material or energy market prices, changes in laws, regulations or regulatory policies, developments in legal or public policy doctrines, technological developments, the failure to retain key management, or the key timing and success of future acquisition opportunities or major investment projects. Dialight undertakes no obligation to revise or update any forward-looking statement contained within this announcement, regardless of whether those statements are affected as a result of new information, future events or otherwise, save as required by law and regulations.