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Share Price: 2,050.00

Bid: 2,050.00

Ask: 2,060.00

Change: -40.00 (-1.91%)

Spread: 10.00 (0.488%)

Open: 2,050.00

High: 2,070.00

Low: 2,050.00

Prev. Close: 2,090.00

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IN BRIEF: Higher Costs Hurt AB Dynamics Profit In Year; Revenue Up

Wed, 25th Nov 2020 11:52

AB Dynamics PLC - simulation and testing systems provider - Reports revenue for the year to the end of August of GBP61.5 million, up 6% compared to GBP58.0 million a year prior. Pretax profit declined, however, to GBP5.0 million from GBP11.0 million a year ago. The company reports jump in administrative expenses to GBP29.2 million from GBP16.5 million year-on-year. AB Dynamics keeps annual dividend unchanged at 4.4 pence a share.

Current stock price: 2,068.00 pence

Year-to-date change: down 2.2%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

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