StockMarketWire.com - Computing and power products manufacturer Solid State said it had traded ahead of expectations in the first four months of its financial year, with revenue down 4% over the period.

Like-for-like order intake for the four months through July was down 7%, which marked an improvement from being down around 15% in the first three months.

The open order book at 31 July was 4% below the 31 March figure of £38.3m reflecting shorter order periods.

Solid State said all four of its manufacturing sites remained open, were operating effectively and were compliant with government guidelines

'Whilst the short-term macroeconomic outlook remains uncertain, the board is confident that given its sector diversity and broad customer base the group can continue to perform robustly,' the company said.


At 9:06am: [LON:SOLI] Solid State Plc share price was +17p at 625p



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