AB Dynamics plc (ABDP) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to the AB Dynamics PLC investor presentation. Throughout this recorded presentation, investors will be in listening mode. Questions are encouraged and can be submitted at any time. By the Q&A tab, sit right in the right corner of your screen, just simply type in your questions and press send. The company may not be in a position to answer every question it receives in the meeting itself. However, the company can review the questions submitted today and publish responses where it's appropriate to do so. Before we begin, I'd like to submit the following poll. I'd now like to hand you over to CEO James Rath. Good morning to you, sir. Good morning, everyone, and welcome to the AB Dynamics 2024 Full Year Results presentation. I'm James Routh, the CEO, and I'm joined today by Sarah Matthews Demeers, our CFO. I'm going to be taking you through some highlights before Sarah takes you through the detailed financial performance, followed by a summary of ABD's transformation since 2020, demonstrating our track record. Following this, I'm excited to provide an illustration of our medium-term growth ambitions and the details of our value creation roadmap before wrapping up with a summary of 24 and the outlook. So starting with the highlights. During the year and in line with our performance model, we delivered strong financial results with 10% growth in revenue and 22% growth in operating profit. Activity levels within our markets and customers have remained positive with strong activity across all three of our sectors. As a core element of our strategy, new product development continues at pace and in line with the technology roadmap for our testing products and simulation markets, and we launched multiple new products to market. I'm very pleased to annou...