How does it get away with it?
News covered here includes our assessment of full year results from a business services group, whose financial reporting looks highly questionable to us. Read on here for our thoughts on this and other news.
AB Dynamics: in-line, sort of! AB Dynamics (AIM:ABDP), the manufacturer of advanced testing, simulation and measurement products to the transport market, issued a seemingly ‘in-line’ trading update for its half year to 28 February 2026, although that was after conveniently ignoring a significant impairment. The positive trading momentum in the final quarter of its prior financial year has continued with Group order intake in the period of £64m (HY25: £66m, FY25: £110m). Group revenue in the first half was approximately £49m, in line with expectations, and consistent with the previously guided trading performance weighting of approximately 40% / 60% towards…