bullish

Solid State - Defence contract delay affects expectations

136 Views19 Nov 2024 19:10
Issuer-paid
SUMMARY

The delay of a major contract inevitably has an impact on short-term profitability. Solid State has a strong balance sheet and a growth strategy to develop into a higher value-added electronics components and systems business, as witnessed by the two recent small acquisitions. Post the current hiatus we expect this to drive growth and value creation.

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