Solid State revenues up 23pc in FY26
29th Jun 2026 14:36
(Sharecast News) - Electronic components manufacturer Solid State reported a strong set of FY26 results on Monday, with the firm's performance underpinned by continued demand from the defence and security sector, which accounted for around 47% of group revenue.
Read moreSolid State reports strong full-year growth
29th Jun 2026 14:32
(Sharecast News) - Solid State reported strong full-year growth on Monday, with revenue up 23.2% to £154.1m and adjusted pre-tax profit rising 72.0% to £8.6m, driven by defence and security demand, AI-related data centre activity and improved performance across all three divisions.
Read moreBerenberg hikes target price on Solid State
29th Jun 2026 13:32
(Sharecast News) - Berenberg hiked its target price on value added electronics group Solid State from 245p to 275p on Monday as it said the firm had delivered a stronger‑than‑expected set of FY26 results, with revenue coming in 1% ahead of guidance and more pronounced beats on adjusted underlying earnings and earnings per share - up 7% and 6%, respectively.
Read moreBerenberg starts Solid State at 'buy'
16th Dec 2025 07:04
(Sharecast News) - Analysts at Berenberg initiated coverage on value added electronics group Solid State with a 150p target price and a 'buy' rating on Tuesday, stating the stock represented a "well-placed defence opportunity".
Read moreSolid State subsidiary wins £1.65m contract with DSTL
29th Sep 2025 09:25
(Sharecast News) - Value added components business Solid State said on Monday that its Steatite subsidiary has been awarded a £1.65m contract by The Defence Science and Technology Laboratory, an executive agency of the Ministry of Defence.
Read moreSolid State secures $5.2m follow-on contract
16th May 2025 12:34
(Sharecast News) - Solid State announced on Friday that it has secured a $5.2m follow-on contract from a US customer for its internet-of-things (IoT) technology, building on an initial order delivered in May last year.
Read moreSolid State FY performance seen 'materially below' current expectations
15th Nov 2024 09:37
(Sharecast News) - Electronics group Solid State warned on Friday that payments linked to a UK government defence contract had been paused, pending the completion of a strategic defence review next summer.
Read moreSolid State acquires Q-Par Antennas USA
1st Nov 2024 08:03
(Sharecast News) - Value-added components supplier Solid State has acquired Q-Par Antennas USA for a maximum consideration of up to $2.0m.
Read moreSolid State wins 'two significant contracts' in US defence sector
7th Oct 2024 10:50
(Sharecast News) - Value-added components supplier Solid State has been awarded "two significant contracts" with a combined value of $5.1m from two leading defence prime contractors for battery packs to be used in the US defence sector.
Read moreSolid State acquires Gateway Electronic Components
2nd Oct 2024 10:34
(Sharecast News) - Value-added component supplier Solid State has acquired ferrite and magnetic components and solutions specialist Gateway Electronic Components for an initial consideration of £1.4m.
Read moreSolid State reports record revenue, surge in profits
8th Jul 2024 09:49
(Sharecast News) - Computing, power and communications specialist Solid State reported record revenue of £163.3m in its final results on Monday, representing a 29% increase from year-on-year.
Read moreSolid State wins $5.1m contract with US customer
7th May 2024 11:16
(Sharecast News) - Value-added electronics group Solid State has secured a $5.1m order for an internet-of-things technology solution with a US customer supplied by Solsta, its components division.
Read moreSolid State interim profit surges
30th Oct 2023 12:10
(Sharecast News) - Value-added components supplier Solid State said on Monday that both revenues and pre-tax profits had surged in the six months ended 30 September.
Read moreSunday share tips: Solid State, Cordiant Digital
9th Jul 2023 23:45
(Sharecast News) - The Financial Mail on Sunday's Midas column tipped shares of electronics manufacturer Solid State to its readers.
Read moreSolid State sees continued 'strong trading' in H2
4th Apr 2023 10:20
(Sharecast News) - Value-added component supplier Solid State said on Tuesday that it had seen "continued strong trading" in the second half of the year, resulting in a performance that it expects will be in line with consensus expectations.
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