The company has announced a positive trading update for the first four months of the current year, pointing to trading being significantly ahead of expectations. It comments it has seen a strong start to the year, with an improved sales mix, production efficiencies and with a better than expected performance from Pacer. We therefore upgrade our 2020 EPS forecast by 13.6%. We therefore also increase our price target by 12% from 546p to 610p. This is the latest in a number of upgrades over the

03 Sep 2019
Solid State - Positive update – trading ahead of expectations

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Solid State - Positive update – trading ahead of expectations
Solid State plc (SOLI:LON) | 184 -3.7 (-1.1%) | Mkt Cap: 104.3m
- Published:
03 Sep 2019 -
Author:
David Buxton -
Pages:
4 -
The company has announced a positive trading update for the first four months of the current year, pointing to trading being significantly ahead of expectations. It comments it has seen a strong start to the year, with an improved sales mix, production efficiencies and with a better than expected performance from Pacer. We therefore upgrade our 2020 EPS forecast by 13.6%. We therefore also increase our price target by 12% from 546p to 610p. This is the latest in a number of upgrades over the