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4 Apr 2023 12:18
IN BRIEF: Solid State eyes annual results to be in line with consensus
Solid State PLC - Redditch, England-based supplier & design-in manufacturer of computing, power, and communications products - Reports continued strong trading in the second half of the year ended on March 31, in line with consensus expectations. Expects to record revenue for financial 2023 of about GBP125 million, up 47% from GBP85 million the year before. This is compared to consensus expectations of GBP120.3 million. Says organic revenue growth on a constant currency basis is expected to be close to 20%. Expects to deliver record adjusted pretax profit of at least GBP10.5 million, up more than 46% from GBP7.2 million a year before. Consensus also stands at GBP10.5 million.
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