Driving sustainability

Interim results - 28 April 2021

Agenda and contents

Half year highlights Financial results Business review Strategic update Summary and outlook

1

Dr James Routh, Chief Executive Officer

Sarah Matthews-DeMers, Chief Financial Officer

AB Dynamics plc | Interim results presentation - 28 April 2021

Highlights

Dr James Routh

2021 half year highlights

3

Performance in line with expectations

  • As anticipated, revenue broadly comparable to H2 2020
  • COVID-19impacts continued into H1 2021
  • Customer activity returning slowly but testing operations remained restricted

Strong performance in simulation

  • Good order intake with two aVDS orders in H1
  • Significant contract win for an advanced variant of aVDS for major automotive OEM
  • Recovery of order intake and revenue at rFpro

Market drivers remain intact

  • Regulatory drivers remain in place
  • Continued drive from consumer bodies such as Euro-NCAP
  • US change of administration presents growth opportunities

Continued investment for growth

  • New product development
  • New Engineering Design Centre completed
  • Continued build of senior management team
  • Ongoing investment in systems and processes

Acquisition of Vadotech Group

  • Delivering on our strategic priorities
  • Value-enhancingacquisition in strategically important APAC region
  • Expansion of capability into on-road testing services
  • Significant opportunity for growth

Positive trading momentum

  • Deferred capital equipment orders received in H1 as anticipated
  • Strengthened order intake trend with book to bill ratio positive
  • Provides confidence for continued positive momentum into H2

AB Dynamics plc | Interim results presentation - 28 April 2021

Financial results

Sarah Matthews-DeMers

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AB Dynamics plc published this content on 28 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 April 2021 10:13:00 UTC.