Pre-close Trading Update
Summary by AI BETAClose X
17 September 2026
AB Dynamics plc ('ABD' or 'the Group')
FY2026 pre-close trading update
AB Dynamics plc (AIM: ABDP, the 'Company', or the 'Group'), the designer, manufacturer and supplier of advanced testing, simulation and measurement products and services to the global transport market, is pleased to provide a trading update in respect of the year ended 31 August 2026 ("FY2026" or the "Year").
Further to the update issued on 28 July 2026, the Board is pleased to confirm that the trading in the remainder of the final quarter was as anticipated and consequently performance for FY2026 is expected to be in line with the guidance provided at the time and current market expectations1.
Revenue for the year from continuing operations is expected to be £91.6m and adjusted operating margin in line with the Group's medium-term target of 20%.
Following investment to support acquisitive growth in the latter part of the year, including the acquisition of eMpulse Test Systems LLC on 19 August 2026 and the final payment of deferred contingent consideration in respect of Venshure Test Services, net cash at 31 August 2026 was £24.5m. The Group's significant financial resources continue to provide optionality to support the Group's strategic development.
The year end order book was £31m, which provides good coverage into the first half of FY2027.
1 The Company is aware of eight analysts publishing independent research. The Company compiled analyst expectations for the year ended 31 August 2026 is for a mean revenue of £91.4m and a mean adjusted operating profit of £18.3m.
Commenting on the results, Sarah Matthews-DeMers, Chief Executive Officer said:
"In challenging market conditions, I am pleased that the Group has shown agility and resilience through the final quarter to deliver revenue performance in line with the guidance we gave in July, whilst maintaining margins in line with our 20% medium term target.
"The long-term structural drivers of growth in the Group's key markets remain compelling, underpinned by significant regulatory and technological developments. In this context, the strength of the Group's balance sheet provides the Board with confidence to continue to invest in support of long-term growth."
Enquiries:
|
AB Dynamics plc |
01225 860 200 |
|
Sarah Matthews-DeMers, Chief Executive Officer Andrew Lewis, Interim Chief Financial Officer |
|
|
|
|
|
|
|
|
Peel Hunt LLP (Nominated Adviser and Joint Broker) |
0207 418 8900 |
|
Mike Bell Ed Allsopp
|
|
|
|
|
|
Stifel Nicolaus Europe Limited (Joint Broker) |
0207 710 7600 |
|
Matthew Blawat Orme Clarke
|
|
|
|
|
The person responsible for arranging the release of this information is Miles Ingrey-Counter, Company Secretary.
About AB Dynamics plc
AB Dynamics is a leading designer, manufacturer and supplier of advanced testing, simulation and measurement products and services to the global transport market.
AB Dynamics is an international group of companies headquartered in Bradford on Avon. AB Dynamics currently supplies all the major automotive manufacturers, Tier 1 suppliers and service providers, who routinely use the Group's products to test and verify vehicle safety systems and dynamics.
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
- 49 minutes ago ASOS
- 1 hour ago MJ Gleeson
- 1 hour ago Rolls-Royce Holdings
- 1 hour ago Crest Nicholson Holdings
- 2 hours ago Naked Wines