- First-half revenue up 48 per cent to £88mn
- 35 per cent organic revenue growth
- Adjusted pre-tax profit up 67 per cent to £7mn
- 1.8 per cent prospective dividend yield
A robust pre-close trading update from Redditch-based Solid State (SOLI:1,165p) has prompted yet another round of analyst earnings upgrades.
The value-added electronics group supplies commercial, industrial and defence markets with durable components, assemblies and manufactured units for use in specialist and harsh environments. Specifically, Solid State focuses on industrial and ruggedised computing, displays, battery power packs, communications including antennas and secure radio systems, and imaging technologies.