AB Dynamics profits leap as new products spur revenue growth

27th Nov 2019 11:05

(Sharecast News) - AB Dynamics on Wednesday reported a jump in annual profit following strong revenue growth, though the company warned of margin constraints and continued challenges for the automotive industry.

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Thursday broker round-up

3rd Oct 2019 12:41

(Sharecast News) - Filtrona: Peel Hunt upgrades to buy with a target price of 140p.

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AB Dynamics looks set to exceed expectations following strong H2

2nd Oct 2019 10:05

(Sharecast News) - Testing systems and measurement products manufacturer AB Dynamics continued to perform "strongly" in the second half of the trading year, with the group now forecasting that it will exceed market expectations.

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Director dealings: AB Dynamics founder lowers stake at record highs

5th Sep 2019 15:51

(Sharecast News) - AB Dynamics revealed on Thursday that founder and chairman Tony Best and his wife Naemi had disposed of a total of 130,000 ordinary shares in the AIM-listed industrial engineering outfit.

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Tuesday broker round-up

3rd Sep 2019 12:59

(Sharecast News) - easyJet: Kepler Cheuvreux downgrades to reduce with a target price of 820p.

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AB Dynamics launches ?50.1m placing an open offer

20th May 2019 10:17

(Sharecast News) - AIM-listed AB Dynamics, which designs, manufactures and supplies advanced testing systems, has announced plans to raise around £50.1m in a placing and open offer, partly to help finance any potential acquisitions.

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AB Dynamics shares jump as six-month profits double

24th Apr 2019 08:33

(Sharecast News) - AB Dynamics nearly doubled its profits over the first half, even as it continued to expand its international footprint and invest for the future.

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AB Dynamics loses Hart

13th Feb 2019 08:04

(Sharecast News) - AB Dynamics said on Wednesday that Robert Hart has decided to step down as chief financial officer.

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AB Dynamics expects revenues and profits to 'significantly exceed' market expectations

4th Oct 2018 08:13

(Sharecast News) - AB Dynamics told investors on Thursday that it had performed well through its last trading year, with the board now expecting both revenues and pre-tax profits to "significantly exceed" market expectations.

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James Routh brought on as next AB Dynamics CEO

4th Sep 2018 13:56

(Sharecast News) - Designer, manufacturer and supplier of advanced testing systems and measurement products AB Dynamics announced the appointment of Dr James Routh as its chief executive officer on Tuesday, with effect from 1 October.

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New Zealand milk prices increase for fourth straight auction session

6th Dec 2016 13:47

(ShareCast News) - Milk prices were on the rise in New Zealand for the fourth auction in a row on Tuesday, as the most recent Global Dairy Trade session closed with a 3.5% rise in the price index. The auction, run online by global dairy co-operative Fonterra, yielded an average price of $3,622 per m

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AB Dynamics zooms ahead in automotive industry

16th Nov 2016 08:51

(ShareCast News) - AB Dynamics, the AIM-listed automotive testing systems designer, reported a rise in profits in line with expectations for the year to the end of August. Revenue increased 23.9% to £20.5m driven by increased demand from the global automotive testing sector. Operating profit increa

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Tim Rogers becomes CEO at AB Dynamics

17th Oct 2016 14:16

(ShareCast News) - Designer, manufacturer and supplier of advanced testing systems and measurement products, AB Dynamics, announced on Monday that on 17 October Tim Rogers - currently managing director of the company - was appointed chief executive officer. The AIM-traded firm said Tony Best, curren

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AB Dynamics trading in line with forecasts

4th Oct 2016 10:22

(ShareCast News) - AIM-listed AB Dynamics, a manufacturer of advanced testing systems and products for suspension, brakes and steering to the automotive industry, said it was trading in line with market expectations ahead of the publication of its full-year results. The company said in a trading upd

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AB Dynamics directors take home pre-Christmas bonus

30th Nov 2015 15:31

(ShareCast News) - After a positive year for AB Dynamics, the company's chairman and managing director have taken home a pre-Christmas bonus. Earlier this month, the company said full year revenue increased 19.3% to £16.52m, and operating profit increased 41% to £3.74m. Founder and chairman Anthony

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