You do know that they have competitors ...dont you? |
FWIW
October 23, 2023
Ansible Motion and AB Dynamics integrate simulator business
vdi-logo-22This month Ansible Motion, pioneering specialist in DIL vehicle simulation technology, and parent company, AB Dynamics, a leading supplier of automotive test systems to the global automotive industry, will fully integrate their Driver-in-the-Loop (DIL) vehicle simulation business. ... ... |
Unloved, looks like it was another long term test of 1200 or 1000p support areas |
The full story of the above article can be read in the September 2023 edition of Automotive Testing Technology International magazine,
and, the simulator is Ansible Motion's Delta S3.
[An incredible machine inside an incredible company - IMHO] |
LOL
You may take an interest in what the company does
or follow "Simply Wall St." |
FWIW ...
October 5, 2023
Accelerating Tire Development with Driver-in-the-Loop |
General market not withstanding I think ABDP are ready for the next leg up. |
is this then not an add-or ist still expensive- ideas welcome as the spread very narrow at the moment |
 "Following a strong performance in H1, the Group is pleased to report that trading momentum was sustained during the second half of the year. The Group saw continued good performance in the track testing sector and particularly strong growth in the laboratory testing and simulation sector, which benefitted from an earlier than expected delivery of a large, high margin contract. Further progress has also been made through FY23 in developing the ABD Solutions offering. In addition to the significant organic growth achieved, a strong performance was delivered by Ansible Motion, the simulator business acquired during the year.
In light of the better than anticipated trading in the latter part of the year, the Board expects revenue for FY23 to exceed £100m for the first time. Enhanced by the significant productivity and capability investment made over recent years, the strong revenue growth is anticipated to translate into a full year adjusted operating profit result that is above the top end of the range of current market expectations1." |
no comments on todays update -sounds encouraging with words like top of rhe range |
Two major UK government projects to boost AV simulation capabilities
By RACHEL EVANS September 12, 2023
rFpro has announced that it is a consortium partner on two major government-funded projects ... ... |
CRASH TESTING
Soft Motorcycle 360 approved by Euro NCAP
By WILLIAM ATKINSON September 6, 2023
AB Dynamics Group’s Soft Motorcycle 360 has been approved for use in official Euro NCAP testing with the AB Dynamics LaunchPad 80 target platform. ... ... |
Noticed an announcement by SDI this morning of the appointment of
Stephen Brown as Chief Operating Officer (COO). Stephen will join the Group on 28 September.
Stephen has held a number of senior positions with prestigious global product and technology focused businesses. Recent roles include Stephen's position as Group COO (non board) at AIM quoted
AB Dynamics plc |
22nd Aug 2023
Pratt Miller acquires an AB Dynamics' aVDS Driving Simulator
Renowned motorsport, automotive, and defence engineering consultancy Pratt Miller has acquired a new aVDSDriver-in-the-Loop simulator to increase its vehicle development capabilities. ... ... |
July 27, 2023
Ansible Motion and Zeer to supply Delta series S3 DIL simulators to automotive leaders in China
After forming a strategic partnership with China-based Guangzhou Zeer Testing Technology (Zeer) four months ago, Ansible Motion has revealed that Zeer has ordered two of its automotive driving simulators to support vehicle evaluation in the country. ... ... |
Unless something out of the ordinary happens, we've got a long wait until a pre-close update in late-September. |
When's the next bit of news for this? |
AB Dynamics opens new location to showcase simulator technology
By CALLUM BROOK-JONES May 3, 2023 |
PRESENTATION |
ABDP issued interim results for the six months ended 28 February 2023. The Group delivered results in line with expectations. The group reported revenue £49.0m, increased by 30% against H1 2022. During the first half of the year, the company achieved a robust financial and operational performance, with growth observed in the core business as well as in ABD Solutions and simulation business. Although there were challenges due to supply chain disruption and economic uncertainty, the company managed to increase revenue, operating profit, and operating margins. The company has been investing in all aspects of the business, enhancing capability, and supporting ambitious growth plans. The automotive industry's core markets have promising opportunities, and the company is investing in new product development and technology to leverage this potential...... from WealthOracle |
todays interims
"Financial highlights
· Market and customer activity levels have remained positive throughout H1, with strong activity in both track testing and laboratory testing and simulation, particularly in Europe
· Revenue increased by 30% against H1 2022 of which 14% was organic growth
o Track testing revenue grew by 13% reflecting increases in robots and ADAS platforms
o Laboratory testing and simulation revenue grew by 99%, of which 20% was organic driven by a strong performance at rFpro and delivery of SPMM systems. The remainder related to the acquisition of Ansible Motion
· The proportion of recurring and service-based sales has been maintained at 41% (H1 2022: 41%)
· The Group has remained effective in mitigating inflationary cost pressures, with gross margins robust at 57.1% (H1 2022: 57.7%)
· Operating margin improved by 80bps to 15.9% as a result of the increased levels of activity and the benefits of enhanced performance initiatives, partially offset by the investment in ABD Solutions to support the strategic long-term growth drivers
o Excluding ABD Solutions, the operating margin increased to 18.0% (H1 2022: 16.4%)
· Operating cash generation remained strong at £9.5m (H1 2022: £8.5m). Significant net cash balance of £21.3m at the period end (28 February 2022: £27.7m, 31 August 2022: £29.2m) after funding the initial consideration for the acquisition of Ansible Motion
· Interim dividend of 1.94p per share (H1 2022: 1.76p), growth of 10%" |
Interims Tuesday |
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