Today’s FY results are in line with expectations with some decent revenue growth (all organic) of 16% and a broadly flat (-4%) adjusted PBT of £3.0m. The strategy going forward will be on improving the margin (FY18 gm 27.5% vs 30% in FY17) by focusing on higher added value business within Computing and Communications as well as the transfer of the battery business to a specialist facility in Crewkerne (now complete). The current group order book is a record at £23m with &pou
03 Jul 2018
FY18 results in line
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FY18 results in line
Solid State plc (SOLI:LON) | 1,345 0 0.0% | Mkt Cap: 152.6m
- Published:
03 Jul 2018 -
Author:
WHIreland Research Team -
Pages:
4
Today’s FY results are in line with expectations with some decent revenue growth (all organic) of 16% and a broadly flat (-4%) adjusted PBT of £3.0m. The strategy going forward will be on improving the margin (FY18 gm 27.5% vs 30% in FY17) by focusing on higher added value business within Computing and Communications as well as the transfer of the battery business to a specialist facility in Crewkerne (now complete). The current group order book is a record at £23m with &pou