Dialight (DIA) Trading update summary

Trading performance and outlook

• Backlog remains strong and well ahead of the prior year, supporting continued growth.

• First quarter sales growth exceeded expectations and is expected to continue in the second quarter.

• Gross margin in the second quarter surpassed the 45% target, boosting underlying profitability.

• Return on sales is likely to meet or exceed the upgraded 15%+ target for the first half.

• Adjusted profit before tax for the year ending 31 March 2027 is now expected to be significantly ahead of previous expectations.

Financial position and cash flow

• No non-underlying costs have been incurred in the financial year to date.

• Net cash position continues to improve, with further cash generation expected for the remainder of the year.

Upcoming reporting and corporate information

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

• The announcement contains forward-looking statements subject to various risks and uncertainties.