30 Oct 2023
Solid State (SOLI) - Forecasts upgraded on positive H1 trading update
Solid State is a specialist value added component supplier and design-in manufacturer of computing, power and communications products. This morning, the group has released a trading update for H1 2024 (period ended 30 September 2023) illustrating a strong period for the group, with organic revenue growth of 35%, PBT up 67% and a positive movement in net debt. The better-than-expected performance was attributable to £23m revenue contribution from specific contracts within defence and security – a ....
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Solid State (SOLI) - Forecasts upgraded on positive H1 trading update
Solid State plc (SOLI:LON) | 145 -3.6 (-1.7%) | Mkt Cap: 82.4m
- Published:
30 Oct 2023 -
Author:
John Cummins | Charlie Cullen -
Pages:
4 -
Solid State is a specialist value added component supplier and design-in manufacturer of computing, power and communications products. This morning, the group has released a trading update for H1 2024 (period ended 30 September 2023) illustrating a strong period for the group, with organic revenue growth of 35%, PBT up 67% and a positive movement in net debt. The better-than-expected performance was attributable to £23m revenue contribution from specific contracts within defence and security – a ....