StockMarketWire.com - Dialight's group revenue rose by 22% to £159.8m in the year to the end of December (2013: £131.2m) - an increase of 25% at constant currency.

Lighting segment revenue rose 46% to £99.9m (2013: £68.5m); an increase of 50% at constant currency. Lighting operating profit was up 26% to £14.5m (2013: £11.5m).

Group underlying profit from operating activities rose by 25% to £18.1m (2013: £14.5m); an increase of 30% at constant currency.

Underlying EPS increased by 20% to 36.8p (2013: 30.8p) while basic EPS increased by 12% to 29.4p (2013: 26.2p).

Recommended final dividend increased to 9.8p (2013: 9.5p) representing a total dividend for the year of 15.0p (2013: 14.4p).

Interim group chief executive Richard Stuckes said:

"Dialight delivered strong growth in 2014. Lighting sales were up 50% at constant currency and, within the Signals segment, the Obstruction business achieved sales growth of 22% at constant currency. The results benefited from continued development of our sales channels and new product innovation. "The adoption of LED lighting in the industrial and hazardous markets is still at an early stage and the opportunity for growth remains significant. We continue to see strong demand for our LED lighting and the Board remains confident in the future prospects of the Group."






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