Solid State expects to 'comfortably exceed' market guidance
30th Jan 2019 09:02
(Sharecast News) - Computing products manufacturer Solid State now expects results for the year ended 31 March to "comfortably exceed" the market consensus.
Read moreSolid State's profits improve as order book grows
20th Nov 2018 09:49
(Sharecast News) - Solid State, a manufacturer and specialist design-in distributor to the electronics industry, reported an increase in profits on Tuesday after sales grew and gross margins improved.
Read moreSolid State on course to beat expectations amid 'record' order book
17th Oct 2018 11:27
(Sharecast News) - Revenue growth and expectations that it would exceed the analyst consensus in the second half of the financial year boosted Solid State's shares on Wednesday morning.
Read moreSolid State secures $2.3m supply agreement with UK defence company
12th Sep 2018 12:59
(Sharecast News) - AIM-listed Solid State said on Wednesday that its distribution division, Solid State Supplies, has been awarded a $3.2m long-term supply agreement with the UK's "leading" international defence, aerospace and security company.
Read moreSolid State reports drop in first-half revenues, cites Brexit impact
22nd Nov 2016 09:09
(ShareCast News) - Solid State saw its topline shrink in the first half of its financial year, with management saying that the uncertainty following Brexit impacted on clients´ buying patterns. "While the broader economy continues to encourage prudence in clients' buying patterns following the resul
Read moreSolid State sees improved H1 results, consistent with FY market expectations
20th Oct 2016 11:36
(ShareCast News) - Solid State expects its first-half results will be an improvement on a year ago, and consistent with market expectations for the year as a whole. It further expected a strong, debt-free balance sheet. Solid State had an order backlog at 30 September of £14.8m. This comprised £12.
Read moreWednesday broker round-up
14th Sep 2016 08:37
(ShareCast News) - Relx: Berenberg reiterates buy with a target price of 1600p. Standard Life: Deutsche Bank reiterates buy, 325p target. Arrow Globalik: Jefferies keeps at buy with a 359p target. Ocado: Exane BNP Paribas downgrades to underperform with a 215p target. SafeCharge: Berenberg stays
Read moreWednesday broker round-up
20th Jul 2016 09:29
(ShareCast News) - Centrica: Berenberg reiterates buy with a target price of 230p. Rio Tinto: Deutsche Bank maintains buy with a 3160p target. IG Group: RBC reiterates sector perform with a 865p target. SSP: JP Morgan stays at overweight with a 358p target. Vodafone: Deutsche Bank reiterates buy
Read moreSolid 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
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