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Equity Bottom-Up

<p>As flagged in the pre-close trading statement, Solid State&#8217;s H118 revenue rose 12% y-o-y to &#163;22.5m, though margins declined because of a change in mix, resulting in a 20% PBT dip to &#163;1.6m. The order book at end October 2017 was &#163;20.1m, ie 38% up on the prior year. This is a clear signal that management is able to deliver organic growth as well as building the group through acquisitions. </p>

As flagged in the pre-close trading statement, Solid State&#8217;s H118 revenue rose 12% y-o-y to &#163;22.5m, though margins declined because of a change in mix, resulting in a 20% PBT dip to &#163;1.6m. The order book at end October 2017 was &#163;20.1m, ie 38% up on the prior year. This is a clear signal that management is able to deliver organic growth as well as building the group through acquisitions. 

Solid State - Interims signal good start to FY18

Solid State PLC

Solid State - Interims signal good start to FY18