Automotive excitement and other news
A manufacturer of advanced testing equipment covered here is a world leader in its field and well-placed to benefit from increased regulation and complexity of testing in the transport sector. Elsewhere, a provider of localisation services is still finding things tough, while a distributor of building materials offers decent recovery potential. Read on here for our usual forthright assessment of this and other news. (Premium)
Next 15: robust trading Next 15 (AIM:NFG), the tech and data driven growth consultancy, reassured with its full year trading update. While the shares have recovered over recent months they remain well down on previous highs. Revenue is anticipated to have risen 3% with results for the year to 31 January 2024 expected to be in line with management expectations – market expectations are for revenue of £582m and adjusted earnings of 82 pence. New business wins over the last three months include Uber for Business and the appointment as Asda’s new retail media network operator. They have also grown…