UK's Solid State expects FY revenue and profit above consensus

Solid State

08/04/2026 07:12

Overview

UK electronics supplier expects FY25/26 revenue and adjusted pretax profit to exceed consensus

Open orderbook rose to £106.5 mln, driven by Power division order intake

Company highlights supply chain uncertainties from AI demand and geopolitical instability

Outlook

Solid State expects FY25/26 revenue to be not less than £150m, above consensus

Company says most of £106.5m open orderbook to be delivered over next 18 months

Solid State notes supply chain risks from extended lead times due to AI demand, geopolitical instability

Result Drivers

COMPONENTS GROWTH - New design wins in the UK and US and improved market conditions drove year-on-year improvement in Components division

POWER DIVISION DEMAND - Power division performance improved due to management re-organisation, investment in capabilities, and strong demand from drone and autonomous technology applications, with new and emerging defence opportunities

SYSTEMS DEMAND - Systems division saw continued demand for communications products and building opportunities in antenna and integrated systems, supporting future sales mix enhancement

Company press release: ID:nRSH5349Za

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
At least GBP 150 mln


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)