AB Dynamics plc (ABDP) Q2 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.136 Welcome to the AB Dynamics 2025 Half-Year Results presentation. 00:00:04.136 -- 00:00:09.342 I'm James Routh, the CEO, and I'm joined today by our CFO, Sarah Matthews Demeers. 00:00:09.342 -- 00:00:12.946 I'm going to be taking you through some highlights before Sarah takes you through the 00:00:12.946 -- 00:00:17.692 detailed financial performance. Following this, I'll provide an update on progress against 00:00:17.692 -- 00:00:23.078 our medium-term growth strategy before wrapping up with a summary of FY25 to date 00:00:23.078 -- 00:00:26.420 and an outlook for the remainder of the year. 00:00:30.102 -- 00:00:34.829 During the period we made a strong start to delivering our medium-term growth plan with 00:00:34.829 -- 00:00:39.697 11% growth in revenue and 21% growth in operating profit. 00:00:39.697 -- 00:00:44.003 Market and customer activity levels remained positive throughout the period despite the 00:00:44.003 -- 00:00:49.712 headwinds faced by the automotive market with strong growth across all three of our sectors. 00:00:49.712 -- 00:00:53.498 New product development continues at pace and in line with the technology roadmap for 00:00:53.498 -- 00:00:56.242 our testing products and simulation markets. 00:00:56.242 -- 00:01:00.647 and I'm very pleased to announce the initial delivery of an automated mileage accumulation 00:01:00.647 -- 00:01:06.233 contract to an automotive OEM enabled by ABD Solutions technology, 00:01:06.233 -- 00:01:10.677 demonstrating the value of our investment in this technology accelerator. 00:01:10.677 -- 00:01:15.402 We completed the acquisition of BOLAB, a German supplier of testing products, continuing 00:01:15.402 -- 00:01:20.828 our track record of successful inorganic growth with the integrati...