Dialight (DIA) Trading update summary

Trading performance

• Achieved strong sales growth in the first quarter, surpassing the stated expectation of 3-5%+ sales growth.

• Gross margin exceeded the 45%+ target, directly increasing underlying profitability.

• Return on sales surpassed the upgraded target of 15%+ for the quarter.

• No non-underlying costs were incurred during the quarter.

• Now in a net cash position, with further cash generation expected for the rest of the year.

Outlook and guidance

• Profit for the financial year ending 31 March 2027 is expected to be ahead of previous expectations based on current performance and outlook.

• Interim results for the six months ending 30 September 2026 will be reported on 10 November 2026.

Risk factors and forward-looking statements

• Forward-looking statements are subject to risks such as competition, customer relationships, supply chain issues, economic conditions, and regulatory changes.

• No obligation to update forward-looking statements unless required by law.