The group has continued to deliver positive results through the pandemic, assisted by a strong opening order book and an outperformance vs the underlying market data. The board is indicating that it is confident of achieving pre-pandemic targets, with profit at a similar level to the prior year. The shares remain on a discount to its peers and our 720p price target is based on a P/E target of 16.5x.
08 Dec 2020
Solid State - Interim results – a resilient performance
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Solid State - Interim results – a resilient performance
Solid State plc (SOLI:LON) | 1,355 0 0.0% | Mkt Cap: 153.7m
- Published:
08 Dec 2020 -
Author:
David Buxton -
Pages:
6
The group has continued to deliver positive results through the pandemic, assisted by a strong opening order book and an outperformance vs the underlying market data. The board is indicating that it is confident of achieving pre-pandemic targets, with profit at a similar level to the prior year. The shares remain on a discount to its peers and our 720p price target is based on a P/E target of 16.5x.