AB Dynamics (ABDP)

Sector:

Engineering

Index:

FTSE AIM 100

2,380.00p
   
  • Change Today:
    -40.00p
  • 52 Week High: 2,815.00
  • 52 Week Low: 1,153.32
  • Currency: UK Pounds
  • Shares Issued: 22.22m
  • Volume: 9,645
  • Market Cap: £528.84m
  • RiskGrade: 195

AB Dynamics' revenue and profits 'significantly ahead' of 2018

By Iain Gilbert

Date: Wednesday 27 Mar 2019

LONDON (ShareCast) - (Sharecast News) - Automotive industry manufacturer and supplier AB Dynamics saw revenues and operating profits move ahead in the first half of its trading year, leaving the group confident that its full-year results will be in line with both management and consensus market expectations.
AB Dynamics now expects revenues and adjusted operating profits for the six months ended 28 February to be "significantly ahead of the same period last year", driven both by growing market demand and the positive impact of planned operational improvements which reduced delivery lead times for the firm's customers.

The AIM-listed outfit also told investors on Wednesday that it continues to benefit from positive demand for its track testing products and services and an increased interest in its simulation systems.

Chief executive Dr James Routh said: "In the first half, both through demand and some operational improvements, we have delivered a strong performance.

"Going forward, the focus is on successfully implementing the strategy which builds on our strong foundations to create long-term sustainable growth."

As of 0850 GMT, AB shares were up 2.57% at 1,713p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

AB Dynamics Market Data

Currency UK Pounds
Share Price 2,380.00p
Change Today -40.00p
% Change -1.65 %
52 Week High 2,815.00
52 Week Low 1,153.32
Volume 9,645
Shares Issued 22.22m
Market Cap £528.84m
RiskGrade 195

AB Dynamics Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
97.38% below the market average97.38% below the market average97.38% below the market average97.38% below the market average97.38% below the market average
94.74% below the sector average94.74% below the sector average94.74% below the sector average94.74% below the sector average94.74% below the sector average
Price Trend
96.69% above the market average96.69% above the market average96.69% above the market average96.69% above the market average96.69% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Income
96.84% below the market average96.84% below the market average96.84% below the market average96.84% below the market average96.84% below the market average
91.3% below the sector average91.3% below the sector average91.3% below the sector average91.3% below the sector average91.3% below the sector average
Growth
91.24% above the market average91.24% above the market average91.24% above the market average91.24% above the market average91.24% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average

What The Brokers Say

Strong Buy 4
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 5
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

AB Dynamics Dividends

  Latest Previous
  Interim Final
Ex-Div 02-May-19 22-Nov-18
Paid 17-May-19 14-Dec-18
Amount 1.61p 2.20p

Trades for 14-Oct-2019

Time Volume / Share Price
16:36 50 @ 2,360.00p
16:36 6 @ 2,360.00p
16:33 500 @ 2,371.00p
16:13 145 @ 2,371.00p
15:56 100 @ 2,371.00p

AB Dynamics Key Personnel

COO Mat Hubbard
CEO James Routh

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