AB Dynamics (AIM:ABDP) – terrific set of results from a British engineering success story
The AIM quoted designer, manufacturer and supplier of advanced testing systems and measurement products to the global automotive industry has announced cracking interim results for the six months ending 28 February 2015.
A few more like this needed on AIM!
ABDP is a leading designer, manufacturer and provider of advanced testing and measurement products for vehicle suspension, brakes and steering to the global automotive research and development sector. The Group was founded in 1982 and listed on AIM in May 2013. The Group is headquartered in Bradford on Avon employing over 60 staff and currently supplies all of the top twenty automotive manufacturers, including Honda, Toyota, Ford and Volkswagen, who routinely use the Group’s products to test vehicle safety. Revenues in the period increased 13% to £7.56m, profit before tax increased 30% to £1.51m and diluted eps was up…