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Daktronics to exit Ireland facility and international transport business, incurring $15.8M charges for $18M annual savings

DAKTDaktronics Inc

Daktronics approved manufacturing network optimization initiatives aimed at improving factory utilization and reducing structural costs. The company will phase out operations at its Ennistymon, Ireland facility by mid-fiscal 2028 and exit the highly customized international transportation business. These actions are expected to generate $15.8 million in non-recurring pre-tax restructuring charges, with approximately $7.0 million recognized in fiscal 2027 Q2. The initiatives target annualized run-rate savings of over $18.0 million upon completion. Daktronics designs and manufactures large-screen video displays, electronic scoreboards, and LED display systems for global customers.

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