- Dialight's underlying operating profits fell to £1.7m in the six months to the end of June - 74% down on last time (75% down at constant currencies).

Group revenues rose by 14% - up 9% at constant currency - to £80.6m with lighting revenues up 24% - 17% at constant currencies - at £53.4m.

The board is not declaring an interim dividend (H1 2014: 5.2p).

Group chief executive Michael Sutsko aUS: " We are clearly disappointed by the half year results for the Group, which reflect the adverse impact of operational inefficiencies and the impact of the oil and gas sector on lighting revenue growth in Q2 2015.

"I have commenced a strategic review to identify the best opportunities in current and potential markets, products and geographies. We will report back with the findings of this review in October."

At 8:31am: [LON:DIA] Dialight PLC share price was -27.25p at 520.75p

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