StockMarketWire.com - Solid State expects to announce an improve set of H1 results, and consistent with market expectations for the year as a whole.

The company anticipated a strong debt-free balance sheet.

The Group had an order backlog at 30 September 2016 of £14.8m, comprising £12.7m of underlying revenue and £2.1m of Creasefield revenue, acquired in June 2016, (30 September 2015: £14.2m - excluding discontinued SEMS division Ministry of Justice revenue of £3.5m).

"As anticipated in our final results in July, in the year to date, the business has focussed on deriving the strategic benefits from its recent acquisitions and promoting cross selling amongst Group divisions," Solid said.

"The Board is pleased to announce that both acquisitions made in the 2015/2016 financial year are substantially integrated, performing well in their own markets and demonstrating synergy benefits with the other divisions in the Group."






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