Dialight - Re: DIA Stream Log - "We have revisited our estimates...

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Re: DIA Stream Log
09:44 21/06/2016
Simbrad
0 replies 0 0

"We have revisited our estimates in light of the recent anaemic industrial production growth and manufacturing PMI data in the US. This has resulted in 3% reductions to sales estimates and larger, 12-13% reductions to EPS estimates for 2016 and 2017. We introduce a 2018 estimate, which shows strong EPS progress (+38%YoY) as the current strategic initiatives bear fruit. This takes account of the positive steps taken by the management team to reorganise the company and efficiently exploit the substantial medium term opportunity in LED-based industrial lighting." N1 Singer note out this morning on Research Tree

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