Solid State has announced that trading results for FY16 at the group’s core businesses should be in line with market expectations. This confirms that it’s diversified platform will deliver another year of results at FY15’s record profit levels, despite general market weakness and the unexpected termination of the Ministry of Justice (MoJ) contract. This strong result excludes compensation for the terminated contract, which we will treat as an exceptional item. The healthy or
28 Apr 2016
Ability to maintain profits confirmed
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Ability to maintain profits confirmed
Solid State plc (SOLI:LON) | 1,470 -294 (-1.3%) | Mkt Cap: 167.1m
- Published:
28 Apr 2016 -
Author:
Anne Margaret Crow -
Pages:
2
Solid State has announced that trading results for FY16 at the group’s core businesses should be in line with market expectations. This confirms that it’s diversified platform will deliver another year of results at FY15’s record profit levels, despite general market weakness and the unexpected termination of the Ministry of Justice (MoJ) contract. This strong result excludes compensation for the terminated contract, which we will treat as an exceptional item. The healthy or