AB Dynamics (ABDP)

Sector:

Engineering

Index:

FTSE AIM 100

 2,020.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 2,060.00
  • 52 Week Low: 1,295.00
  • Currency: UK Pounds
  • Shares Issued: 22.95m
  • Volume: 0
  • Market Cap: £463.68m
  • RiskGrade: 248

AB Dynamics receives 'largest ever' driving robot order

By Josh White

Date: Thursday 10 Aug 2017

LONDON (ShareCast) - (ShareCast News) - Manufacturer and supplier of advanced testing systems and measurement products, AB Dynamics, announced on Thursday that it had received its "largest ever order" for driving robots.
The AIM-traded firm said the order was received from the China Automotive Technology and Research Center (CATARC), which it described as "a leading" Chinese research organisation based in Tianjin.

AB Dynamics said it was a longstanding supplier to CATARC, which previously bought a number of driving robots, a guided soft target and a suspension parameter measurement machine from the UK-based company.

"We were delighted to receive this strategically-important order from one of our key Chinese customers," said CEO Tim Rogers.

"CATARC is a benchmark in the Chinese car industry and we appreciate the confidence that it has placed in AB Dynamics and its products.

"With the new suite of driving robots and the guided soft target which will be delivered later in 2017, CATARC has positioned itself as a major player in global vehicle safety testing business."

AB Dynamics said the new order would allow CATARC to expand its track-based testing capabilities to include the latest China-NCAP test protocols, and to perform a wide range of other international standard tests as required by its clients.

CATARC is the leading organisation in China for the testing of intelligent and connected vehicles, AB Dynamics said, and had already invested nearly CNY 100m in its track-based testing and simulation capabilities.

"AB Dynamics has focused on offering a comprehensive suite of test equipment covering lab-based and test track which works together in synergy," Tim Rogers added.

"Customers appreciate the fact that our products have been designed from the outset to work together seamlessly."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

AB Dynamics Market Data

Currency UK Pounds
Share Price 2,020.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 2,060.00
52 Week Low 1,295.00
Volume 0
Shares Issued 22.95m
Market Cap £463.68m
RiskGrade 248

AB Dynamics Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
98.02% below the market average98.02% below the market average98.02% below the market average98.02% below the market average98.02% below the market average
93.94% below the sector average93.94% below the sector average93.94% below the sector average93.94% below the sector average93.94% below the sector average
Price Trend
80.54% above the market average80.54% above the market average80.54% above the market average80.54% above the market average80.54% above the market average
71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average
Income
96.72% below the market average96.72% below the market average96.72% below the market average96.72% below the market average96.72% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Growth
73.29% above the market average73.29% above the market average73.29% above the market average73.29% above the market average73.29% above the market average
81.82% above the sector average81.82% above the sector average81.82% above the sector average81.82% above the sector average81.82% above the sector average

What The Brokers Say

Strong Buy 3
Buy 3
Neutral 0
Sell 0
Strong Sell 1
Total 7
buy
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AB Dynamics Dividends

  Latest Previous
  Interim Final
Ex-Div 02-May-24 08-Feb-24
Paid 17-May-24 06-Mar-24
Amount 2.33p 4.42p

Trades for --2024

Time Volume / Share Price
0 @ 0.000p

AB Dynamics Key Personnel

CEO James Routh
CFO Sarah Matthews-DeMers

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