Good morning, it’s Paul here with the SCVR for Weds. Estimated timings – there’s not a great deal of small cap news today, so I should be finished by 1pm.Today’s report is now finished. Dialight (LON:DIA) Share price: 199p (up 10% today)No. shares: 32.6mMarket cap: £64.9m Trading statement Dialight plc (LSE: DIA.L), the global leader in sustainable LED lighting for industrial applications, is today issuing the following update relating to its manufacturing footprint further to its announcement on 21 April 2020. Today’s update comes just 8 days after its last update, so I need to look back at that first. I’ll summarise the 21 April update below; 21 April update – summary of key points – Temporarily suspended production in Mexican amp; Malaysian factories – applied for “essential business” ordersOrder intake normal until softening in late MarchOrder by region – USA (largest market) resilient, EMEA “significantly impacted” by lockdowns, APAC “more resilient”Cost cutting – usual stuff e.g. suspending capex amp; discretionary spending, furlough (number not stated) amp; pay cutsBoard – taking 20% pay cut, Chairman waiving fees for now (impressive leadership/commitment, good for him!)Net debt slightly down from 31…
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