Motoring along
A trading update from an automotive testing specialist covered here lifts its shares, but it’s tougher for several newer arrivals on AIM, who are feeling the pain in the advertising sector. Read on here for our review of news and updates from AIM
AB Dynamics: trading positive and an interesting acquisition AB Dynamics (AIM: ABDP), the designer and manufacturer of advanced testing, simulation and measurement products to the global transport market, confirmed that it had performed strongly during the second half of the year, effectively managing the continued supply chain disruption. As a result, revenue for the year to August 2022 is expected to be approximately £80m, representing year on year growth of 22%. Full year adjusted operating profit is also anticipated to be ahead of current market expectations. The track testing sector delivered particularly strong growth while laboratory testing and simulation sector showed…