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AB Dynamics plc
Video analysis: ABDDF
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News: ABDDF
AB Dynamics acquires US testing specialist eMpulse for initial £8.1m
AB Dynamics PLC (AIM:ABDP) has acquired US-based automotive testing specialist eMpulse Test Systems for an initial cash consideration of $11.0 million (£8.1 million). The acquisition has been funded from existing cash resources on a cash-free and debt-free basis, with an additional working capital adjustment payment of approximately $1.8 million (£1.4 million) expected following completion.
AB Dynamics plunges as customer delays hit revenue
AB Dynamics PLC (AIM:ABDP) shares plunged 23.7% to 813.92p after the transport testing specialist warned that customer delays and disruption linked to the Middle East conflict would hit annual revenue. The company now expects revenue from continuing operations of £90 million to £95 million for the year ending 31 August 2026.