
10 Jul 2023
Solid State - Positive trading momentum carried into FY24
Solid State confirmed record revenues and adjusted PBT in FY23. The positive momentum is continuing into FY24 with a consequent increase in guidance for revenue growth of c 15% and adjusted PBT of c 10%. As a result, consensus estimates for FY24 revenue have increased by 11% to £147m and adjusted PBT has been raised by c 5% to £11.9m.

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Solid State - Positive trading momentum carried into FY24
Solid State plc (SOLI:LON) | 184 0 0.0% | Mkt Cap: 104.3m
- Published:
10 Jul 2023 -
Author:
Andy Chambers -
Pages:
2 -
Solid State confirmed record revenues and adjusted PBT in FY23. The positive momentum is continuing into FY24 with a consequent increase in guidance for revenue growth of c 15% and adjusted PBT of c 10%. As a result, consensus estimates for FY24 revenue have increased by 11% to £147m and adjusted PBT has been raised by c 5% to £11.9m.