Tim Rogers, CEO and Anthony Best, Founder and NE Chairman
Length: c.40 minutes
Tim Rogers runs through the business, which covers vehicle testing for all cars on the road: Simulation with Advanced Vehicle Driving Simulator – aVDS, Track Testing (Robots, ADAS targets, Driverless systems) and measurement.
The global automotive R&D, on which their business depends, is constantly rising. Total spend in 2015: $109 bn.
Exports make up 95% of revenue. Operating margin is 33%.
ABDP are the brand for the motor manufacturers in Simulation and Track Testing. ABDP own the mechanical, electronics and software of everything they do; so they own the IP at every level.
They’ve had relationships with manufacturers for over 30 years. Customers want a company they can trust to get it right. They sell through distributors throughout the world.
Foreign exchange has benefited ABDP over the last year, £300k benefit rather than a £40k loss the year before.
From Q3 2017 there will be additional production capacity from the new factory.
The issue of recruiting high calibre personnel is covered in audience questions, along with management progression.
Competition and market dynamics are also covered
Presentation slides can be viewed here
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