Make your money go further for just 25p per day

AB Dynamics (AIM:ABDP) - This little business continues to deliver fabulous results 

26/04/2016 · AB Dynamics (ABDP) 

The designer, manufacturer and supplier of advanced testing systems and measurement products to the global automotive industry, has announced tremendous results for the six months to 29th February 2016. The move to a larger facility in 2017, increased sales in Europe and Asia and the recent strategic alliance with Williams suggests a very exciting future for this specialist engineer.  

Profit before tax for the half year rose 50% to £2.26m on revenues up 34% to 10.11m. The operating profit of £2.25m (operating margin 22.25% vs 20.17% in 2015) resulted in a net (post tax) operating cash inflow of £2.8m. Margins in the period were also boosted by favourable currency. 

Having incurred £338k of capex in the period, cash at the period end was boosted to £10.15m (2015: £7.03m). Evidently cash is set to…

Sign up and read the full article

Register to continue reading our content.

Get FREE access now

Already a member? Login


Previous article Next article

DON'T MISS OUT!

Get top investment ideas to help safeguard and grow your wealth.

Invaluable insight from the exciting world of smaller companies.

REGISTER FREE

DON'T MISS OUT ON OUR PREMIUM CONTENT

Become a champion investor for just £90 a year. Benefit from our high performing portfolios:

START FREE TRIAL

More on AB Dynamics

AIM takeovers | Automotive excellence and struggles

01/10/2024 · Company Insights

One of AIM’s largest companies seems inclined to accept a private equity funded offer, with an…


Episode 35 of the Investor’s Champion Podcast

28/09/2024 · Podcasts

In this episode of the Investors Champion Podcast, hosts Chris and Lee focus on some outstanding…


More Company Insights

Challenging outlooks | Reassuringly boring | Hidden value

Stonking Small Cap reports cracking results

06/11/2024 · dotDigital

Budget Eve brings strange share price reactions

29/10/2024 · RWS Holdings · YouGov

Sign-up to our free email updates

SIGN UP