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Equity Bottom-Up

<p>Solid State&rsquo;s H118 pre-close trading statement notes an estimated 12% increase in group revenues to &pound;22.5m during the period, demonstrating that management is driving organic growth to complement its successful acquisition programme. Consensus sales estimates have been raised but as some of the high margin antenna programmes have taken longer to secure than management expected, profit estimates have been reduced.</p>

Solid State&rsquo;s H118 pre-close trading statement notes an estimated 12% increase in group revenues to &pound;22.5m during the period, demonstrating that management is driving organic growth to complement its successful acquisition programme. Consensus sales estimates have been raised but as some of the high margin antenna programmes have taken longer to secure than management expected, profit estimates have been reduced.

Good start to FY18 despite antennas delays

Solid State PLC

Good start to FY18 despite antennas delays