Solid State PLC 2024 AR2
The report highlights Solid State Group's record financial performance for the fiscal year 2024, with revenue increasing by 29% to £163.3m and adjusted operating profit rising by 47% to £17.0m. The company made significant progress in its ESG strategy, achieving a 40% reduction in Scope 1 and Scope 2 emissions for its UK and offshore operations compared to 2020. Key operational milestones included the rebranding of the Components Division under the Solsta brand and the acquisition of the remaining 25% non-controlling interest in eTech Developments. Additionally, the company established a Wellbeing Committee and continued its commitment to achieving net zero Scope 1 and 2 emissions by 2050.
Company: Solid State PLC
Sector: Information Information Technology
Country: United Kingdom
Year: 2024
Type: AR2
Pages: 132
Solid State PLC
Annual Report And Accounts
The report highlights Solid State Group's record financial performance for the fiscal year 2024, with revenue increasing by 29% to £163.3m and adjusted operating profit rising by 47% to £17.0m. The company made significant progress in its ESG strategy, achieving a 40% reduction in Scope 1 and Scope 2 emissions for its UK and offshore operations compared to 2020. Key operational milestones included the rebranding of the Components Division under the Solsta brand and the acquisition of the remaining 25% non-controlling interest in eTech Developments. Additionally, the company established a Wellbeing Committee and continued its commitment to achieving net zero Scope 1 and 2 emissions by 2050.
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Document Details
Report Year
2024
Reporting Period
Apr 1, 2023 - Mar 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Women on Board
Women in Management
Net Zero Target
Employees