TIDMABDP

RNS Number : 2380W

AB Dynamics PLC

11 December 2023

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 
 
 Peel Hunt LLP                              0207 418 8900 
 Mike Bell 
  Ed Allsopp 
 
 
 
 Teneo                                      0207 353 4200 
 James Macey White 
 Matt Low 
 
 

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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(END) Dow Jones Newswires

December 11, 2023 02:00 ET (07:00 GMT)

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