Driving sustainability
Interim results - 28 April 2021
Agenda and contents
Half year highlights Financial results Business review Strategic update Summary and outlook
1
Dr James Routh, Chief Executive Officer
Sarah Matthews-DeMers, Chief Financial Officer
AB Dynamics plc | Interim results presentation - 28 April 2021
Highlights
Dr James Routh
2021 half year highlights | 3 |
Performance in line with expectations
- As anticipated, revenue broadly comparable to H2 2020
- COVID-19impacts continued into H1 2021
- Customer activity returning slowly but testing operations remained restricted
Strong performance in simulation
- Good order intake with two aVDS orders in H1
- Significant contract win for an advanced variant of aVDS for major automotive OEM
- Recovery of order intake and revenue at rFpro
Market drivers remain intact
- Regulatory drivers remain in place
- Continued drive from consumer bodies such as Euro-NCAP
- US change of administration presents growth opportunities
Continued investment for growth
- New product development
- New Engineering Design Centre completed
- Continued build of senior management team
- Ongoing investment in systems and processes
Acquisition of Vadotech Group
- Delivering on our strategic priorities
- Value-enhancingacquisition in strategically important APAC region
- Expansion of capability into on-road testing services
- Significant opportunity for growth
Positive trading momentum
- Deferred capital equipment orders received in H1 as anticipated
- Strengthened order intake trend with book to bill ratio positive
- Provides confidence for continued positive momentum into H2
AB Dynamics plc | Interim results presentation - 28 April 2021
Financial results
Sarah Matthews-DeMers
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AB Dynamics plc published this content on 28 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 April 2021 10:13:00 UTC.