LED firm seeks growth from greener traffic lights

British lighting technology firm Dialight is hoping a switch to low-carbon LED traffic lights across Europe and on cellphone masts will help it to drive revenues over the next few years.

"There's sufficiently strong growth drivers within the signals and illumination business for us to expect double-digit growth," Chief Executive Roy Burton told Reuters after the group reported full-year results slightly ahead of expectations on Wednesday.

"We've opened the current year nicely," he said. "Our lighting business finished the year strongly and is continuing to perform well and our components business is continuing its recovery into the first couple of months of this year."

For further information: Reuters