
19 Nov 2024
Solid State - Defence contract delay affects expectations
The delay of a major contract inevitably has an impact on short-term profitability. Solid State has a strong balance sheet and a growth strategy to develop into a higher value-added electronics components and systems business, as witnessed by the two recent small acquisitions. Post the current hiatus we expect this to drive growth and value creation.

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Solid State - Defence contract delay affects expectations
Solid State plc (SOLI:LON) | 205 0 0.0% | Mkt Cap: 116.2m
- Published:
19 Nov 2024 -
Author:
David Larkam -
Pages:
2 -
The delay of a major contract inevitably has an impact on short-term profitability. Solid State has a strong balance sheet and a growth strategy to develop into a higher value-added electronics components and systems business, as witnessed by the two recent small acquisitions. Post the current hiatus we expect this to drive growth and value creation.