Dialight has warned further that due to the latest disappointing production report from their manufacturing partner in Mexico, a significant number of orders will not be fulfilled by the end of the year. Accordingly they now expect Group underlying EBIT to be not less than £9m, compared to earlier guidance of £13.5-15.5m. We have reduced our estimate for 2017 accordingly, though at this stage leave our later year forecasts intact, having anticipated ongoing issues with estimates that were 20-30% ....
15 Dec 2017
N+1 Singer - Dialight - Not the Christmas card we wanted
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N+1 Singer - Dialight - Not the Christmas card we wanted
Dialight plc (DIA:LON) | 174 0 0.0% | Mkt Cap: 69.5m
- Published:
15 Dec 2017 -
Author:
Trevor Griffiths -
Pages:
3
Dialight has warned further that due to the latest disappointing production report from their manufacturing partner in Mexico, a significant number of orders will not be fulfilled by the end of the year. Accordingly they now expect Group underlying EBIT to be not less than £9m, compared to earlier guidance of £13.5-15.5m. We have reduced our estimate for 2017 accordingly, though at this stage leave our later year forecasts intact, having anticipated ongoing issues with estimates that were 20-30% ....