Solid State Directors are proposing a final dividend of 1.83p per share (FY24/25: 1.67p), resulting in a full-year dividend of 2.75p per share (FY24/25: 2.5p), covered 4.0 times by adjusted earnings (FY24/25: 2.5 times).
The Board intends to maintain a progressive dividend policy aligned with earnings growth.
The final dividend is subject to shareholder approval at the AGM on 15 September 2026. If approved, it will be paid on 29 September 2026 to shareholders on the register at the close of business on 18 September 2026. The shares will be marked ex-dividend on 17 September 2026.
Other financial highlights include:
Performance underpinned by strong demand from the defence and security sector, accounting for c 47% of Group revenue
Systems division revenue up 47.8% to £62.5m, mainly driven by recognition of a £23.3m communications programme in H1, following delays in the prior year
Power division revenue up 15.6% to £31.8m, reflecting significant contract wins and improving market conditions
Components division revenue up 8.1% to £59.8m
Group gross margins improved 200bps to 33.5%
