AB Dynamics pleased with first-half progress

23rd Mar 2022 13:38

(Sharecast News) - Testing and measurement product supplier AB Dynamics reported good strategic progress in a trading update on Wednesday, with first-half performance in line with the board's expectations.

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AB Dynamics trading remains consistent with forecasts

12th Jan 2022 11:52

(Sharecast News) - Testing, simulation and measurement product company AB Dynamics said in an update on Wednesday that trading during the first four months of the 2022 financial year was consistent with its expectations outlined in its results in November.

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Revenue rises, earnings fall for AB Dynamics

24th Nov 2021 11:49

(Sharecast News) - Automotive measurement and testing systems company AB Dynamics reported a 6% year-on-year improvement in revenue in its final results on Wednesday, to £65.4m, as its gross margin narrowed by 160 basis points to 56.89%.

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AB Dynamics performs 'well' in H2 despite supply chain disruptions, FX headwinds

28th Sep 2021 09:03

(Sharecast News) - Testing and simulation systems provider AB Dynamics said on Tuesday that it had performed "well" during the second half of the year, managing supply chain disruption and currency headwinds effectively in order to meet a strengthening in demand during the period.

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AB Dynamics confident in delivering second half expectations

28th Apr 2021 14:10

(Sharecast News) - AB Dynamics reported an improved order intake across both of its divisions in its first half on Wednesday, compared to the second half of 2020, with a positive book-to-bill ratio giving it confidence in delivering on second half revenue expectations.

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AB Dynamics acquires Vadotech Group for EUR 26m

4th Mar 2021 10:18

(Sharecast News) - Testing systems and measurement products supplier AB Dynamics has completed the acquisition of Vadotech and Zynit, collectively known as Vadotech Group, for total cash consideration of up to €26m (£22.46m), it announced on Thursday.

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AB Dynamics chair takes leave for ill health

23rd Feb 2021 11:53

(Sharecast News) - Testing systems and measurement products company AB Dynamics announced on Tuesday that its non-executive chairman Tony Best would be taking a leave of absence due to ill health.

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Friday broker round-up

18th Sep 2020 12:19

(Sharecast News) - Petropavlovsk: Canaccord downgrades to hold with a target price of 40.0p.

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AB Dynamics H2 revenues slip amid Covid-19

18th Sep 2020 11:06

(Sharecast News) - Testing systems and simulation products manufacturer AB Dynamics said on Friday that it had continued to make "good progress" against its strategic priorities despite seeing second-half revenues slide amid the Covid-19 pandemic.

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Berenberg starts AB Dynamics at 'buy', sees long-term growth drivers intact

1st May 2020 12:56

(Sharecast News) - Analysts Berenberg initiated coverage on AB Dynamics at 'buy', telling clients the recent sharp drop in the shares provided a "compelling entry point" given the strong balance sheet and valuation discount versus peers.

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AB Dynamics pleased with performance of acquired businesses

22nd Apr 2020 14:46

(Sharecast News) - AB Dynamics reported a 34% improvement in revenue in its first half on Wednesday, to ?34.7m, with the company reporting underlying revenue growth of 11%, slowing from 69% at the same time last year.

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Thursday broker round-up

19th Mar 2020 11:33

(Sharecast News) - Barratt Developments: Jefferies upgrades to buy with a target price of 729p.

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Tuesday broker round-up

14th Jan 2020 11:54

(Sharecast News) - DFS: Jefferies downgrades to hold with a target price of 275p.

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Director dealings: AB Dynamics CTO lowers stake

17th Dec 2019 16:13

(Sharecast News) - AB Dynamics revealed on Tuesday that chief technology officer Mat Hubbard had sold 40,000 ordinary shares in the AIM-listed industrial engineering firm.

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Monday broker round-up

2nd Dec 2019 13:18

(Sharecast News) - Ibstock: Jefferies downgrades to hold with a target price of 268p.

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