Dialight has warned that due to production challenges transferring manufacturing to its outsourcing partner Sanmina, it now expects group underlying EBIT for the year to December 2017 in the range £13.5-15.5million. This is some 21% below us and consensus. Their outsourcing manufacturing partner has had difficulties with on time delivery against orders amid non availability of components. Given the largest single volume product range (high bay) has just moved across, there is a significant loss ....
23 Oct 2017
N+1 Singer - Dialight - Production issues at Sanmina
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N+1 Singer - Dialight - Production issues at Sanmina
Dialight plc (DIA:LON) | 159 0 0.0% | Mkt Cap: 63.6m
- Published:
23 Oct 2017 -
Author:
Trevor Griffiths -
Pages:
3
Dialight has warned that due to production challenges transferring manufacturing to its outsourcing partner Sanmina, it now expects group underlying EBIT for the year to December 2017 in the range £13.5-15.5million. This is some 21% below us and consensus. Their outsourcing manufacturing partner has had difficulties with on time delivery against orders amid non availability of components. Given the largest single volume product range (high bay) has just moved across, there is a significant loss ....