StockMarketWire.com - AB Dynamics said it expected first-half revenues and adjusted operating profits 'significantly ahead' of the same period last year amid increased demand and reduced delivery lead times for our customers. 

'Based on this performance, we are confident that results for the full year will be in line with both management and consensus market expectations,' the company also said.

The upbeat outlook comes as group continued to benefit from 'positive demand for its market leading track testing products and services which support the ongoing development of Advanced Driver Assistance Systems and autonomous vehicle development,' AD Dynamics added.

'In addition, we are seeing interest in our simulation systems to aid the development of these technologies. '

'In the first half, both through demand and some operational improvements, we have delivered a strong performance.  Going forward, the focus is on successfully implementing the strategy which builds on our strong foundations to create long-term sustainable growth,' said Dr James Routh, Chief Executive.

Story provided by StockMarketWire.com