Coronavirus impact: 16 April - promising results and a dividend or two
Despite wildly differing businesses, addressing a wide range of markets, the majority of companies covered here have seen little impact on their revenues from the pandemic.
Solid State: sell-off looks a little harshSolid State (LON: SOLI), the AIM listed manufacturer and distributor of power and communications products and electronic components reassured with its trading update for the 12 months to 31 March 2020. Revenue is anticipated to be close to the consensus forecast of £68m and adjusted profit before tax is expected to be approximately 10% ahead of current consensus forecast of £4.2m, a record year for the Group. The group has approximately £34.5m of orders scheduled for delivery in the coming year, however, in the current environment they expect to see some rescheduling from this…