Solid State – Defence contract delay affects expectations
Industrials - AIM - Mcap: £78m - Price: 135p - QuickView
SOLID STATE
DEFENCE CONTRACT DELAY AFFECTS EXPECTATIONS
The delay of a major contract inevitably has an impact on short-term profitability. 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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