11 December 2023
AB Dynamics plc
Notice of results for the year ended 31 August 2023
AB Dynamics plc ("AB Dynamics", the "Company" or the "Group"), the designer, manufacturer and supplier of advanced testing, simulation and measurement products to the global transport market, announces that it expects to publish its results for the year ended 31 August 2023 ("FY 2023") prior to the end of January 2024. This reflects a revised timetable to complete the Group's audit, requested by AB Dynamics' new auditors, Grant Thornton, in order to accommodate their logistical requirements.
The expected results for FY 2023 remain in line with the Board's guidance provided in the pre-close trading update of 28 September 2023 with strong growth in revenue and profit. Looking forward, momentum moving into the early part of the new financial year remains encouraging, with guidance for FY 2024 also unchanged.
Enquiries:
| AB Dynamics plc | 01225 860 200 |
| Dr James Routh, Chief Executive Officer | |
| Sarah Matthews-DeMers, Chief Financial Officer | |
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| Peel Hunt LLP | 0207 418 8900 |
| Mike Bell Ed Allsopp
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| Teneo | 0207 353 4200 |
| James Macey White | |
| Matt Low | |
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The person responsible for arranging the release of this information is Felicity Jackson, Group Legal Counsel.
About AB Dynamics plc
AB Dynamics is a leading designer, manufacturer and supplier of advanced testing, simulation and measurement products to the global transport market.
AB Dynamics is an international group of companies headquartered in Bradford on Avon. AB Dynamics currently supplies all the top automotive manufacturers, Tier 1 suppliers and service providers, who routinely use the Group's products to test and verify vehicle safety systems and dynamics.
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