Contract award and confirmation of Board change
Summary by AI BETAClose X
1 December 2025
AB Dynamics plc
Contract award and confirmation of Board change
AB Dynamics plc ("AB Dynamics", the "Company" or the "Group"), the designer, manufacturer and supplier of advanced testing, simulation and measurement products to the global transport market is pleased to announce the award of a contract to supply its simulators to a major European OEM, and to confirm that Sarah Matthews-DeMers' appointment as CEO is effective from today.
Contract award
The Group is pleased to announce that Ansible Motion has been awarded a €9.7m contract to supply its advanced driver-in-the-loop simulation equipment to a major European OEM. Revenue from the contract award is expected principally to be recognised in the second half of FY 2026 and the first half of FY 2027.
Confirmation of Board change
As previously announced, James Routh stepped down as a director of the Company on 30 November 2025 and Sarah Matthews-DeMers' role as Chief Executive Officer is effective from today.
Commenting, Sarah Matthews-DeMers, Chief Executive Officer said:
"This significant award maintains and strengthens AB Dynamics' position in the simulation market and is testament to the trusted position the Group holds.
"Building on our already strong order book this contract increases visibility for FY 2026 and beyond. This also demonstrates how our future growth prospects remain supported by long-term structural and regulatory growth drivers in active safety, autonomous systems and the automation of vehicle applications, underpinning our medium-term financial objectives.
"We look forward to continuing to deliver the highest performing and highest quality simulators to support our customers."
Enquiries:
|
AB Dynamics plc |
01225 860 200 |
|
Sarah Matthews-DeMers, Chief Executive Officer |
|
|
|
|
|
Peel Hunt LLP (Nominated Adviser and Joint Broker) |
0207 418 8900 |
|
Mike Bell |
|
|
Ed Allsopp |
|
|
|
|
|
Stifel Nicolaus Europe Limited (Joint Broker) |
0207 418 8900 |
|
Matthew Blawat Harry Billen |
|
|
|
|
|
Teneo |
0207 353 4200 |
|
James Macey White Matt Low |
The person responsible for arranging the release of this information is David Forbes, Company Secretary.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
Latest directors dealings
- 11 hours ago Sage Group
- 12 hours ago CVS Group
- 12 hours ago Helios Underwriting
- 13 hours ago Trustpilot Group
- 13 hours ago AJ Bell