Power Probe PLC

PWR · AIM · Industrial Goods and Services · mcap £45m · 64.5p

Power Probe designs and sells automotive diagnostic and electrical testing tools, with the US as its largest market. It sells through distributors and private brands and is expanding manufacturing in the US and distribution in the UK.

Target	Promise	Said	Status
Today · 18 Oct 2026
2026
2026	Launch new US manufacturing facility (Charlotte) to increase capacity and flexibility	11 Dec 2025	… In progress
	“This investment is expected to strengthen the Group's product innovation pipeline while expanding production capacity closer to the Group's largest end market.” Also stated 27 Apr 2026 · 30 Jul 2026 Status so far Not yet due.
2026	Launch 15 new products from calendar year 2026 onwards	11 Dec 2025	… In progress
	“has 15 new products available to be launched from calendar year 2026” Status so far Not yet due.
2026	Deliver first Made in USA product from the Charlotte facility	9 Feb 2026	… In progress
	“investment into our Charlotte, N.C. facility to develop our first "Made in USA" product” Also stated 27 Apr 2026 Status so far Not yet due.
FY26	Enhance gross margin in FY26 via private brands focus and pricing initiatives	9 Feb 2026	… In progress
	“expected to contribute to enhanced gross margin in FY26” Status so far Not yet due.
H2 2026	Launch further new products in H2 2026; late-H1 launches to contribute materially to H2 revenue and FY27 growth	10 Jun 2026	… In progress
	“Significant products launched towards the end of H1 2026 are expected to contribute materially to revenue in the second half of the year, while providing further opportunities for growth into FY27.” Also stated 30 Jul 2026 · 14 Sep 2026 Status so far Not yet due.
beginning of Q4 2026	SAP implementation go-live	14 Sep 2026	… In progress
	“The implementation of SAP is progressing, with go-live expected at the beginning of Q4 2026” Status so far Not yet due.