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Solid State

  • BY: Andrew Hore |
  • POSTED: 26/04/2012 |

Electronic components and battery products supplier Solid State says that its full year profit will be ahead of expectations and it will continue to increase its dividend.

Back in February, house broker WH Ireland increased its 2011-12 profit forecast from £1.25m to £1.4m. Solid State says that it will make around £1.6m profit in the year to March 2012.

The improvement is due to a beneficial sales mix in the last two months of the financial year.

The order book was worth £10.5m at the end of March 2012.

The figures will be published in the week commencing 18 June.

At 203.5p a share, up 13.5p, Solid State is valued at £13.8m.

Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFApril2012_31.pdf

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