StockMarketWire.com - Computing products manufacturer Solid State booked a 7.4% rise in first-half profit after it grew sales and margins in its distribution division.

Net profit for the six months through September grew to £1.19m, as revenue rose 4% to £23.5m.

The company declared an interim dividend per share of 4.2p, up 5% on-year.

'These results are very pleasing and provide a good foundation for the year as a whole,' chairman Tony Frere said.

'The strength of the order book and the recent acquisition of Pacer Technologies give the board confidence in being able to deliver a stronger second half and continued longer term growth.'








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