The group has announced a positive trading update for the first two months of the year, with trading ahead of expectations, a higher level of net cash and the intention to declare a final dividend of 7.25p at its forthcoming FY 2020 results. This is a positive outcome, despite the effects of COVID-19. The medical and food retail sectors have seen encouraging growth, offsetting weaker aviation and transport sectors. The shares look good value on a P/E of 12.2x and despite a recent bounce they

08 Jun 2020
Solid State - Positive trading update

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Solid State - Positive trading update
Solid State plc (SOLI:LON) | 205 0 0.0% | Mkt Cap: 116.2m
- Published:
08 Jun 2020 -
Author:
David Buxton -
Pages:
3 -
The group has announced a positive trading update for the first two months of the year, with trading ahead of expectations, a higher level of net cash and the intention to declare a final dividend of 7.25p at its forthcoming FY 2020 results. This is a positive outcome, despite the effects of COVID-19. The medical and food retail sectors have seen encouraging growth, offsetting weaker aviation and transport sectors. The shares look good value on a P/E of 12.2x and despite a recent bounce they