AB Dynamics PLC on Thursday said it expects another sharp increase in adjusted operating profit, noting positive market activity.

The Wiltshire, England-based designer, manufacturer and supplier of advanced testing, simulation and measurement products highlighted it performed particularly well in Asia Pacific and North America.

AB Dynamics expects adjusted operating profit of £21.9 million for the financial year ending August 31, up 66% from £13.2 million in financial 2024, when it had surged 45% from £9.1 million in financial 2023.

‘The group has a solid order book, providing good visibility into the second half of the year, and the integration of Bolab Systems is progressing as planned,’ the firm said.

Looking ahead, AB Dynamics said: ‘Whilst continuing to be mindful of the timing of pipeline conversion due to potential disruption in elements of the automotive market and customer delivery schedules, the board remains confident that the group will make further financial and strategic progress this year, and its expectations for financial 2025 are unchanged. Future growth prospects remain supported by long-term structural and regulatory growth drivers in active safety, autonomous systems and the automation of vehicle applications.’

AB Dynamics shares fell 2.5% to 1,819.20 pence each on Thursday afternoon in London.

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