Solid State is a manufacturer of computing, power and communications products, and a value added distributor of electronic components. This morning, the group has released an update pointing to a strong performance in the year to 31 March 2020, including a c.10% beat at the PBT level driven by higher margins, with a strong cash performance also, in part reflecting advanced payments. The order book as at 31 March increased by 11% against a year earlier to £39.9m, and whilst more than 85% is prese ....
15 Apr 2020
WHI Morning Comment: Solid State (SOLI)
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WHI Morning Comment: Solid State (SOLI)
Solid State plc (SOLI:LON) | 1,355 0 0.0% | Mkt Cap: 153.7m
- Published:
15 Apr 2020 -
Author:
John Cummins -
Pages:
4
Solid State is a manufacturer of computing, power and communications products, and a value added distributor of electronic components. This morning, the group has released an update pointing to a strong performance in the year to 31 March 2020, including a c.10% beat at the PBT level driven by higher margins, with a strong cash performance also, in part reflecting advanced payments. The order book as at 31 March increased by 11% against a year earlier to £39.9m, and whilst more than 85% is prese ....