Electronics group sees shares slide after profit warning
Worcestershire electronics group Solid State endured a tough day on the markets after it revealed profits for the full year were likely to be below current market expectations.
The Redditch-based group said investment in and restructuring of its communications business unit and Leominster operations had completed and had positioned the business for future growth. But despite an improvement in revenues relative to the comparative period, the lead time to win and deliver some of the complex antenna programmes had taken longer than ex... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
