Solid State’s trading update this morning notes that, following an exceptionally strong finish to FY22, it expects the group to announce a 28% increase in revenues year-on-year to a record c £85m and a 33% jump in adjusted profit before tax to c £7.2m, also a record. Consensus FY22 and FY23 adjusted PBT estimates, which were upgraded in February, have been raised by 11% and 12% respectively.

22 Apr 2022
Solid State - Strong finish to FY22 to deliver record profit

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Solid State - Strong finish to FY22 to deliver record profit
Solid State plc (SOLI:LON) | 205 0 0.0% | Mkt Cap: 116.2m
- Published:
22 Apr 2022 -
Author:
Anne Margaret Crow -
Pages:
3 -
Solid State’s trading update this morning notes that, following an exceptionally strong finish to FY22, it expects the group to announce a 28% increase in revenues year-on-year to a record c £85m and a 33% jump in adjusted profit before tax to c £7.2m, also a record. Consensus FY22 and FY23 adjusted PBT estimates, which were upgraded in February, have been raised by 11% and 12% respectively.