The company has announced a positive trading update for the first four months of the current year, pointing to trading being significantly ahead of expectations. It comments it has seen a strong start to the year, with an improved sales mix, production efficiencies and with a better than expected performance from Pacer. We therefore upgrade our 2020 EPS forecast by 13.6%. We therefore also increase our price target by 12% from 546p to 610p. This is the latest in a number of upgrades over the
03 Sep 2019
Solid State - Positive update – trading ahead of expectations
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 - Positive update – trading ahead of expectations
Solid State plc (SOLI:LON) | 1,375 0 0.0% | Mkt Cap: 156.0m
- Published:
03 Sep 2019 -
Author:
David Buxton -
Pages:
4
The company has announced a positive trading update for the first four months of the current year, pointing to trading being significantly ahead of expectations. It comments it has seen a strong start to the year, with an improved sales mix, production efficiencies and with a better than expected performance from Pacer. We therefore upgrade our 2020 EPS forecast by 13.6%. We therefore also increase our price target by 12% from 546p to 610p. This is the latest in a number of upgrades over the