Dialight announces preliminary full-year 2010 results

UK-based LED technology company Dialight has announced its unaudited preliminary results for the year ended 31 December 2010, including profit before tax of £11.3m, up from £5.3m recorded for 2009.

Full-year revenues grew 28.3 per cent to £99.2m, with signals/illumination segment revenues increased 31.7 per cent to £61.1m.

Lighting sales more than doubled to £11.6m, in comparison to sales of £5.5m in 2009.

Dialight finished the year with a strong operating cash flow, leading to net cash of £10.4m, up from £9.1m in 2009.