Technology group outperforms twice-upgraded profit forecast

Rugged technology group Solid State has outperformed the profit forecasts expected by the market even though they were upgraded twice in the second half of the year. The Redditch electronics manufacturer has enjoyed a very positive 12 months, with its share price almost doubling since last April. Today's update to the stock market that its adjusted pre-tax profits will exceed £3.5m is likely to fuel a further rise. Solid State's revenues for the year to March are expected to be ahead of expectations at around £56m. This wou... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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