Coronavirus impact: 22 April - AIM’s big gun continues to impress
There were impressive results from some of AIM’s larger companies, with many demonstrating the desired characteristics for the current environment and plenty of cash to support their growing ambitions.
AB Dynamics: long-term appeal remains undiminishedAB Dynamics (LON: ABDP), the specialist provider of advanced testing systems and measurement products to the global automotive sector, announced excellent interim results for the six-months to 29 February 2020. Founded in 1982 as a vehicle engineering consultancy, the group arrived on AIM in 2013 at a share price of 86p and market capitalisation of only £14m. Despite recent steep falls, the shares are still up over 1600% since IPO and the business looks in great shape with plenty of cash and a new manufacturing facility to support its growth. Group revenues in the six-month period…