Directorate Change
Group CFO Carolyn Zhang stepping down with immediate effect; interim results delayed to end of November 2024.
vs expectations: in line
- Revenue for six months ended 30 September 2024 broadly similar to US$ 91.0m (prior US$ 91.0m (2023))
- Underlying operating profit for six months ended 30 September 2024 small underlying operating profit (prior loss of US$ 2.5m (2023))
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Dialight (LSE: DIA.L), a global leader in LED lighting for heavy industrial applications, announces that Carolyn Zhang has stepped down as Group Chief Financial Officer for personal reasons and will be leaving the Company, with immediate effect, by mutual agreement with the Board.
Nigel Lingwood, Chair of the Audit Committee, will oversee the finalisation of the Company's interim results and the search for a replacement Group Chief Financial Officer is underway.
In light of the Group's CFO's decision to step down, the Company's interim results for the six months ended 30 September 2024 (the "Period") have been rescheduled and will be announced by the end of November 2024.
As previously confirmed, the Company's performance has been in line with management's expectations, with management accounts showing revenue for the Period which is broadly similar to the comparative period last year (2023: US$ 91.0m) and a small underlying operating profit (2023: loss of US$ 2.5m).
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.