Crowning a year in which broker consensus was raised three times (twice in response to trading updates and once for an acquisition), Solid State has reported record revenues, profit before tax and dividends for FY19. This is the result of continued strong demand in the Value-Added Distribution (VAD) division, the Pacer acquisition and the anticipated H2 recovery in the Manufacturing division materialising. The consensus FY20 EPS estimate has been raised by 7%. The shares continue to trade at
09 Jul 2019
Solid State - FY19 record for revenues and profits
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Solid State - FY19 record for revenues and profits
Solid State plc (SOLI:LON) | 1,375 0 0.0% | Mkt Cap: 156.0m
- Published:
09 Jul 2019 -
Author:
Anne Margaret Crow -
Pages:
2
Crowning a year in which broker consensus was raised three times (twice in response to trading updates and once for an acquisition), Solid State has reported record revenues, profit before tax and dividends for FY19. This is the result of continued strong demand in the Value-Added Distribution (VAD) division, the Pacer acquisition and the anticipated H2 recovery in the Manufacturing division materialising. The consensus FY20 EPS estimate has been raised by 7%. The shares continue to trade at