Solid State is a high value-add manufacturer and specialist design-in distributor to the electronics industry. It has expertise in industrial/ruggedised computers, antennas, microwave systems, secure communications systems and battery-power solutions.
Industrials |
QuickView
Industrials |
QuickView
Industrials |
QuickView
Industrials |
QuickView
Gary Marsh
CEO
Peter James
CFO
Forecast net cash (£m)
0.3
Forecast gearing ratio (%)
N/A
% | 1M | 3M | 12M |
---|---|---|---|
Actual | 2.2 | 7.4 | 21.7 |
Relative | 0.1 | 1.2 | 17.7 |
52 week high/low | 1440.0p/1025.0p |
Solid State’s trading update affirms the sustained strength in demand throughout H224, resulting in record FY24 revenue and adjusted PBT ahead of prior consensus of £155m and £12.5m, respectively. This is attributable to the earlier-than-expected delivery of a NATO contract. As a result, consensus FY24 revenue and adjusted PBT estimates have been raised by c 6% and c 20%, with respective FY25 estimates declining commensurately.