Half-year results were in line with the upbeat period-end update, which pointed to trading ahead of expectations, when we upgraded our forecasts. Following the recent Pacer acquisition, we also upgraded forecasts. We therefore maintain current forecasts, looking for a stronger H2 from both underlying trading as well as boosted by Pacer’s contribution. Both Manufacturing and Distribution have traded well in H1 and have a good order book and momentum for H2. The shares are starting to rec
20 Nov 2018
Solid State - Interim results – a stronger H2 in prospect
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Solid State - Interim results – a stronger H2 in prospect
Solid State plc (SOLI:LON) | 1,345 0 0.0% | Mkt Cap: 152.6m
- Published:
20 Nov 2018 -
Author:
David Buxton -
Pages:
7
Half-year results were in line with the upbeat period-end update, which pointed to trading ahead of expectations, when we upgraded our forecasts. Following the recent Pacer acquisition, we also upgraded forecasts. We therefore maintain current forecasts, looking for a stronger H2 from both underlying trading as well as boosted by Pacer’s contribution. Both Manufacturing and Distribution have traded well in H1 and have a good order book and momentum for H2. The shares are starting to rec