Solid State has reported a strong set of H1 results reflecting a solid performance against a harsh backdrop of challenges affecting the global supply chain, with revenue growth of 51% and adj. PBT growth of 60%. The period included the transformational acquisition of Custom Power alongside an oversubscribed placing. Strong trading post-period end alongside a contract win and significant follow-on order announced last month, show good momentum into H2 and lead us to upgrade forecasts for FY23 and ....
06 Dec 2022
Solid State - Interim results – upgrades to FY expectations
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Solid State - Interim results – upgrades to FY expectations
Solid State plc (SOLI:LON) | 1,345 269 1.5% | Mkt Cap: 152.6m
- Published:
06 Dec 2022 -
Author:
David Buxton | Michael Clifton -
Pages:
9
Solid State has reported a strong set of H1 results reflecting a solid performance against a harsh backdrop of challenges affecting the global supply chain, with revenue growth of 51% and adj. PBT growth of 60%. The period included the transformational acquisition of Custom Power alongside an oversubscribed placing. Strong trading post-period end alongside a contract win and significant follow-on order announced last month, show good momentum into H2 and lead us to upgrade forecasts for FY23 and ....