This is a very good business
Results and updates covered here include those of a business operating in a rather boring sector which has delivered exceptional returns for investors over a number of years. Greater excitement comes from the world of automotive testing, pharmaceuticals, vanadium flow batteries and tidal energy – such is the eclectic world of AIM (Free to read)
AB Dynamics: going to plan and an exciting development AB Dynamics (LON: ABDP), the provider of advanced testing systems to the automotive sector, reassured with its latest trading update, there was also news of a new division. Revenue for the second half of the year was approximately 20% higher organically than the COVID-impacted second half of 2020 and approximately 40% higher including the contribution from the Vadotech acquisition. Revenue for the year ending August 2021 is expected to be £65m, marginally below consensus, but adjusted operating profit is anticipated to be in line with expectations. A strong operating cash inflow…