AB Dynamics (LON:ABDP) Full Year 2024 Results
Key Financial Results
- Revenue: UK£111.3m (up 10% from FY 2023).
- Net income: UK£9.71m (down 12% from FY 2023).
- Profit margin: 8.7% (down from 11% in FY 2023). The decrease in margin was driven by higher expenses.
- EPS: UK£0.42 (down from UK£0.48 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
AB Dynamics EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.0%.
Looking ahead, revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Auto Components industry in the United Kingdom.
Performance of the British Auto Components industry.
The company's shares are up 3.8% from a week ago.
Risk Analysis
You should learn about the 1 warning sign we've spotted with AB Dynamics.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About AIM:ABDP
AB Dynamics
Provides vehicle test development and verification products and services for driver assistance systems.
Flawless balance sheet with moderate growth potential.
