Solid State's profits rise by 40%
5th Jul 2016 09:46
(ShareCast News) - Solid State, a supplier of specialist industrial computers and equipment, reported an increase in full year profits as it begins the new financial year with a good order book. The company's profit before rose by 40% to £4.2m in the financial year ended 31 March 2016. Turnover also
Read moreThursday broker round-up
23rd Jun 2016 13:11
(ShareCast News) - Ascential: Goldman Sachs reiterates buy with a target price of 278p. Sophos: UBS keeps at buy with a 300p target. SSP Group: JP Morgan keeps at overweight with a target price of 335p. Vodafone: HSBC upgrades to buy with a target of 175p. Bae Systems: Berenberg downgrades to hol
Read moreSolid State loses MoJ electronic offender tagging contract
25th Feb 2016 15:26
(ShareCast News) - Solid State's £34m contract to provide electronic offender tags has been terminated by the Ministry of Justice (MoJ). The AIM-listed company's Steatite subsidiary, which recognised £3.5m of revenue as part of the mobilisation element of the contract in the first half of the year,
Read moreSolid State warns on profits after contract delay and market softening
29th Oct 2015 14:29
(ShareCast News) - Despite making a robust start to the year, electronic components supplier Solid State warned revenues and profits for the year will be well below market expectations after a major contract was rejigged. The AIM-listed company, which supplies specialist 'ruggedised' computers, elec
Read moreSolid State's chairman sells shares to meet demand from shareholders
17th Jul 2015 16:42
(ShareCast News) - The chairman of Solid State sold £0.37m worth in shares in the company to meet further institutional demand following upbeat full-year results. Anthony Frere sold 47,996 shares for an individual price of 775p, bringing home a total of £371,969. Following the transaction, Frere ho
Read moreSolid State secures £1m contract with Renishaw
4th Jun 2015 10:44
Solid State, an electronic components manufacturer, has secured a £1m contract with Renishaw for the suply of its semiconductor devices. Under the agreement, Renishaw will use the devices of Solid State's supplies division in its metrology products. Renishaw will be able to import the component dir
Read moreSolid State reports surge in first half pre-tax profit
24th Nov 2014 11:10
Electronics manufacturer and distributor, Solid State, has reported a sales and profit increase for the six month period to 30 September. Solid State posted a 40% increase in sales to reach a total of £17.1m compared to £12.2m in 2013. Pre-tax profits also surged to £1.5m, up 175% from £564,000 a ye
Read more